Examlex
Which of the following indicates a firm sold the rights to put their name on a product not produced by them?
Derivative Financial Instrument
A financial contract whose value is derived from the performance of assets, interest rates, currency exchange rates, or indices.
Forward Exchange Contract
A financial agreement to exchange a specified amount of one currency for another currency at a future date and at a predetermined exchange rate.
Futures Contract
A standardized legal agreement to buy or sell something at a predetermined price at a specified time in the future, often used as a financial instrument for hedging or speculation.
Option Contract
A contract which gives the holder the right, but not the obligation, to buy or sell an underlying asset at a specified price within a specified time.
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