Swaps Differ from Futures and Options in All of the Following

question 21

Multiple Choice

Swaps differ from futures and options in all of the following ways EXCEPT:

• A)intended to reduce the risk faced by participants.
• B)more flexibility.
• C)more privacy.
• D)less regulation.

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Definitions:

Undue Influence

The use of excessive pressure or manipulation by one party over another to induce action or decision-making that is not fully voluntary.

Properly Sealed

Ensured that an item or document is closed or fastened securely, often implying it has been authenticated or officially completed.

Mistake Of Fact

Mistake as to the existence of the subject matter of a contract or the identity of a party.

Rescission

The act of revoking, cancelling, or annulling a contract, returning all parties to their positions prior to the agreement.