In 1867, When About 150 Botanists Met in Paris and Agreed

question 8

Multiple Choice

In 1867, when about 150 botanists met in Paris and agreed on some rules pertaining to plants, one of their basic rules was

• A) all plants should be classified in kingdoms.
• B) all plants should be given an English name, in addition to a Latin name.
• C) works of Linnaeus should be used as the starting point for all scientific names of plants.
• D) all plants should have named varieties.
• E) Linnaeus' Latin phrase names should be the official names of plants.

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Definitions:

Futures Contract

An agreement to buy or sell a particular commodity or financial instrument at a predetermined price at a specified time in the future.

Underlying Asset

An asset (such as a stock, bond, commodity, or currency) upon which a derivative instrument, such as an option, is based.

Interest Rate Futures

Financial futures contracts that obligate the buyer to purchase an asset (like Treasury bills) with a fixed interest rate at a future date.

Federal Funds

Short-term funds transferred between financial institutions, typically overnight, at an interest rate set by the Federal Reserve in the United States.