Which of the Following Are Contracts That Give the Holder

question 95

Multiple Choice

Which of the following are contracts that give the holder the right, but not the obligation, to buy or sell an underlying asset at a pre-specified price for a specified time period?

• A)Options.
• B)Futures.
• C)Forwards.
• D)Swaps.
• E)All of these.

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Definitions:

Validly Rejected

Pertains to the lawful refusal to accept an offer, contract, or proposition based on legitimate grounds or criteria.

Nonconformity

The failure of a product or service to meet specified standards or expectations.

Reasonable Opportunity

A circumstance where an individual or party is given a fair and sufficient chance to undertake an action or fulfill an obligation.

Counteroffer

A reply to a proposal where the initial conditions are declined and alternative conditions are suggested.