Options Written on the 90-Day Bank Bill Contract Have:
$\$ 1000000$

question 32

Multiple Choice

Options written on the 90-day bank bill contract have:

• A) a face value of \( \$ 1000000 \)
• B) exercise price set in intervals of \( 0.25 \% \)
• C) a minimum price movement of \( 0.05 \% \)
• D) all of the above

Grasp the rules around the assignment of rights and obligations, including notice requirements and effects on involved parties.

Identify the doctrine of privity of contract and its exceptions, including third-party beneficiary rights.

Recognize the legal implications of property transfer, including trust agreements and restrictive covenants.

Analyze the effects of improperly performed contract substitutions and the legal recourse available.

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Definitions:

Anticipating

The act of expecting or predicting future events or needs based on current trends or data.

Background Information

Preliminary data or knowledge that provides context for a new study, discussion, or analysis.

Communication Noise

Any external or internal interference that disrupts the clarity, transmission, or reception of a message.

Interrupts

Unscheduled or unexpected disturbances that break the continuity of an activity or communication flow.