The Entity That Acts as the Guarantor of Each CBOE-Traded

question 52

Multiple Choice

The entity that acts as the guarantor of each CBOE-traded contract is the

• A) Federal Government.
• B) Securities and Exchange Commission.
• C) CBOE.
• D) Options Clearing Corporation.
• E) Federal Reserve Bank.

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Definitions:

Caffeine

A stimulant drug found in coffee, tea, cola, and chocolate that affects the central nervous system.

Depressant Drug

A substance that reduces the functioning of the nervous system, often used to induce calming or sleep-inducing effects.

Central-Nervous-System Activity

The integrated activities within the brain and spinal cord that regulate bodily functions and respond to internal and external stimuli.

Alcoholism

Disorder that involves long-term, repeated, uncontrolled, compulsive, and excessive use of alcoholic beverages and that impairs the drinker’s health and social relationships.