The Interdealer Market Has Evolved to Where Single-Name Credit Default

question 63

Multiple Choice

The interdealer market has evolved to where single-name credit default swaps for corporate and sovereign reference entities are ________.

• A) customized.
• B) standardized.
• C) nonstandardized.
• D) institutionalized.

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Definitions:

Standard of Proof

The level of evidence required to prove a case in a legal proceeding.

Preponderance of the Evidence

The standard of proof required in most civil cases, meaning that it's more likely than not that the claim is true.

Appellate Courts

Judicial bodies that review and rule on the decisions of lower courts.

Appeal

The process of applying to a higher court for a reversal of the decision of a lower court.