The ________ Is a Derivative Forward Contract That Was Created

question 45

Multiple Choice

The ________ is a derivative forward contract that was created in the 1990s. It has the same characteristics and documentation requirements as traditional forward contracts except that they are only settled in U.S. dollars and the foreign currency involved in the transaction is not delivered.

• A) nondeliverable forward
• B) dollar only forward
• C) virtual forward
• D) internet forward

---

Definitions:

Tempo

The speed at which a piece of music is played or the pace of any activity.

Tonality

In music and speech, refers to the character or quality of sound, or in language, the distinction of meaning through pitch.

Rhythm

A repeated pattern of movement or sound, typically found in music, speech, or various forms of art.

Matched-Guise Technique

A research method used in sociolinguistics and social psychology to assess attitudes towards different languages, dialects, or accents by having participants react to the same speaker presenting in different guises.