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________ Is Not a Derivative Security

question 49

Multiple Choice

________ is not a derivative security.


Definitions:

Level Switch

A device used to detect the level of liquid or solid materials within a container or environment, triggering an action when a certain level is reached.

Temperature Switch

A device that activates or deactivates based on a specific temperature threshold being reached.

Proximity Sensor

A device that detects the presence or absence of a nearby object without physical contact, often using electromagnetic fields, light, or sound.

Photoelectric Sensor

A device that uses light to detect the presence, absence, or distance of an object.

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