Use the Table for the Questions Below

question 50

Multiple Choice

Use the table for the questions below
Consider the following information on options from the CBOE for Rackspace.
-Assume you want to sell 20 put option contracts with an exercise price closest to being at-the-money and that expires January 2011.The current price that you would receive for such a contract is:

• A)$1750
• B)$2000
• C)$3500
• D)$3900
• E)$4400

---

Definitions:

Revised Uniform Partnership Act

The Revised Uniform Partnership Act provides an updated and standardized set of laws to govern the operation of partnerships within the jurisdictions that have adopted it.

General Partnerships

A legal formation where two or more individuals engage in business operations, sharing profits, liabilities, and managerial duties equally or according to an agreed-upon contract.

Limited Liability Partnership

A partnership where some or all partners have limited liabilities, protecting individual partners from debts against the partnership.

Fraud

A deliberate deception made for personal gain or to damage another individual.