HAPPY INSURANCE
Observe the HAPPY INSURANCE DATABASE:
CLIENT AGENT AREA

question 27

True/False

HAPPY INSURANCE
Observe the HAPPY INSURANCE DATABASE:
CLIENT

$$\begin{array} { l l c l } \text { ClientID } & \text { ClientName } & \text { CientAgent } & \text { ClientSpouseName } \\\text { C111 } & \text { Tom } & \text { A1 } & \text { Jenny } \\\text { C222 } & \text { Kain } & A 1 & \text { Bill } \\\text { C333 } & \text { Cole } & A 2 & \text { Amy } \\\text { C444 } & \text { Dorothy } & A 2 & \\\text { C555 } & \text { Anay } & A 3 & \text { Amy } \\\text { C666 } & \text { Tina } & A 3 & \text { Madt } \\\text { C777 } & \text { Christina } & A 4 & \text { Mike }\end{array}$$ AGENT
$$\begin{array} { l l l l l c } \text { AgentID } & \text { AgentName } & \text { AgentArea } & \text { AgentRating } & \text { AgentYearofHire } & \text { SupervisedBy } \\\text { A1 } & \text { Kate } & 1 & 101 & 1990 & \\\text { A2 } & \text { Amy } & 2 & 92 & 2009 & \text { Al } \\\text { A3 } & \text { Luke } & 3 & 100 & 1992 & \\\text { A4 } & \text { James } & 3 & 90 & 2010 & \text { A3 }\end{array}$$ AREA
$$\begin{array} { l l l } \text { ArealD } & \text { AreaName } & \text { AreaHQ } \\1 & \text { East } & \text { Boston } \\2 & \text { West } & \text { San Francisco } \\3 & \text { Central } & \text { Chicago }\end{array}$$

This database will be used for the following questions citing tables from the HAPPY INSURANCE database.
-If a DBMS enforces in the HAPPY INSURANCE database a DELETE RESTRICT option on the referential integrity constraint between AREA and AGENT,and a DELETE CASCADE between AGENT and CLIENT,the first record in the table AREA can be deleted.

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Definitions:

Specified Price

The fixed price at which a transaction is agreed upon between a buyer and a seller.

Future Time

A point in time that has not yet happened or a period that is to come.

Binominal Model

A mathematical model used to price options by considering the possible prices of the underlying asset at expiration.

Strike Price

Strike price is the fixed price at which the holder of an options contract can buy (in case of a call option) or sell (in case of a put option) the underlying asset.