Applying the Shopping Cart Rule's Action Affects the Quote Item

question 26

Multiple Choice

Applying the shopping cart rule's action affects the quote item by setting the quote item's _____________.

• A) base_price and price properties with the discounted price
• B) base_discount_amount and discount_amount with the discount applied to the original price
• C) base_row_total and row_total properties with the discounted price
• D) base_price_incl_tax and price_incl_tax properties with the discounted price

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Definitions:

Futures Contract

A standardized legal agreement to buy or sell a particular commodity or financial asset at a predetermined price at a specified time in the future.

Spot Price

The present market cost at which an asset can be purchased or sold for instant delivery.

Contract Maturity

The specified date on which the contract expires and the financial transaction must be settled or completed.

Basis

In finance, basis refers to the difference between the spot price of an asset and its future price, or it can signify the foundation or underlying principle for something.