Which of the Following Are Included in Commitments and Non-Market

question 28

Multiple Choice

Which of the following are included in commitments and non-market related items?

• A)direct credit substitutes and trade performance related items
• B)swaps and options
• C)future contracts
• D)None of the listed options are correct.

Distinguish between employees and agents, and identify the extent of their roles.

Comprehend the duties and rights of agents and principals towards each other.

Identify the requirements and effects of power of attorney and its types.

Understand the impact and application of state law on agency relationships.

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Definitions:

Utility

Refers to the satisfaction or benefit that consumers receive from consuming goods or services.

Spending

The act of using money to purchase goods or services.

Dollar

The official currency of several countries, including the United States, and a standard unit of currency in international markets.

Expensive

Having a high price or cost; being relatively overpriced in comparison to value.