In a Client/server Environment,the Server

question 110

Multiple Choice

In a client/server environment,the server

• A)processes a query from a client and then sends the answer back to the client.
• B)cannot be used to access a corporate data warehouse.
• C)must be a database system.
• D)must be in close proximity to all client computers in the network.

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Definitions:

Put Option Contracts

Financial contracts giving the owner the right, but not the obligation, to sell a specified amount of an underlying asset at a set price within a specified time.

Exercise Price

Also known as the strike price, it’s the specified price at which an option contract can be exercised, determining the price at which the underlying security can be bought or sold.

Option Price

The premium that must be paid by the buyer to the seller to acquire the rights that the option confers, without the obligation to buy (call) or sell (put) the underlying asset.