What Do You Mean by Opting Out

question 2

Multiple Choice

What do you mean by opting out?

• A)Serving a written notice, denying the bank the right to sell personal information.
• B)Withdrawing from a fraud being perpetrated by a colleague.
• C)A bidder denying to pay the proceeds of the bid on becoming bankrupt
• D)Whistle-blowing by a person who was part of a fraud earlier..

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Definitions:

Polling

Polling refers to the process of conducting surveys to collect information or opinions from a selected group of individuals, often used in market research, politics, and social science.

Bid Price

The highest price a buyer is willing to pay for a security or commodity.

Gross Trading Profit

The total profit from trading activities before deducting expenses and taxes.

Inside Quotes

The highest bid and lowest ask prices among all market makers in a particular stock, representing the most competitive prices at which you can buy or sell.