An Investor Named Orson Was Trying to Decide Between Entering

question 17

Multiple Choice

An investor named Orson was trying to decide between entering the futures markets and creating a forward contract.His broker said, "I think I might have found a great opportunity for you, Orson.If events play out as I hope, this forward contract will earn you a lot of money." Orson took that advice, but the forward contract did not perform and Orson lost everything.What should Orson do?

• A)Sue his broker for negligence.
• B)Sue his broker for misrepresentation.
• C)Sue his broker for deceit.
• D)Orson has no remedy; his broker was stating an opinion.
• E)Orson has no remedy; his broker was making a statement of future conduct.

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Definitions:

Supply Chain

The entire system of producing and delivering a product or service, from the initial sourcing of materials to the final delivery to consumers.

Customer Orders

Requests made by customers to purchase specific products or services from a business, often requiring processing and fulfillment.

Financial Resources

Assets or capital available to an individual or organization for spending or investing.

Specialized Mode

A specific way of operation or function that is designed for a particular purpose or task, often seen in technology or transportation sectors.