The Part of an Agreement Which Allows One or Both

question 106

Multiple Choice

The part of an agreement which allows one or both parties to make certain changes to the agreement or eliminate the agreement is called:

• A)an interest rate swap.
• B)a currency swap.
• C)a swaption.
• D)a quality swap.
• E)None of the options are correct

---

Definitions:

Dividends receivable

Dividends declared and owed to a shareholder but not yet paid.

Dividend Income

Income received from owning shares in a company, typically distributed from the company's profits.

Common Stock

Shares representing ownership in a company, providing voting rights and potential dividends, but with a lower claim on assets than preferred shares.

Short-term Speculation

Engaging in financial transactions with the expectation of achieving significant gains within a short time frame, often involving high risk.