By Defining Data Members as Private, You Protect the Data

question 41

Multiple Choice

By defining data members as private, you protect the data and enable access only through the object's methods and properties. This describes the ____ feature.

• A) abstraction
• B) encapsulation
• C) polymorphism
• D) inheritance

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Definitions:

Closed Out

The process of finalizing all positions in a security or contract, effectively ending all obligations or engagements in those positions.

Hedge

An investment position intended to offset potential losses or gains that may be incurred by a companion investment, a common risk management strategy.

Speculator

An investor who engages in the buying and selling of financial instruments with the aim of profiting from short-term market fluctuations.

Futures Contract

A standardized legal agreement to buy or sell something at a predetermined price at a specified time in the future, typically traded on a futures exchange.