Which of the Following Is Approximately True When Size Is

question 11

Multiple Choice

Which of the following is approximately true when size is measured in terms of the underlying principal amounts or value of the underlying assets

• A) The exchange-traded market is twice as big as the over-the-counter market.
• B) The over-the-counter market is twice as big as the exchange-traded market.
• C) The exchange-traded market is ten times as big as the over-the-counter market.
• D) The over-the-counter market is ten times as big as the exchange-traded market.

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Definitions:

Assignments Valid

Transfers of rights, duties, or property that are legally recognized and enforceable.

Notice

Formal communication or warning, often required by law or agreement, to inform a party about an action or condition.

Intended Beneficiary

A third party for whom a contract is created to benefit, giving them certain rights to enforce the contract.

Contract

A legally enforceable agreement between two or more parties that creates mutual obligations enforceable by law.