An Agreement That Grants Its Owner the Right, but Not

question 25

Multiple Choice

An agreement that grants its owner the right, but not the obligation, to buy or sell a specific asset at a specific price for a set period of time is called a(n) ________ contract.

• A) option
• B) forward
• C) futures
• D) swap
• E) spot

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Definitions:

American Indians

Indigenous peoples of the United States, including all Native American tribes and communities.

Non-Hispanic

A term used to describe individuals or groups who do not identify as Hispanic or Latino.

Elderly

Referring to individuals who are in the later stage of life, often defined as being 65 years of age or older.

Suicides

Acts of intentionally causing one's own death, often associated with mental health issues such as depression, bipolar disorder, or schizophrenia.