Which of the Following Is the Difference Between Foreign Currency

question 5

Multiple Choice

Which of the following is the difference between foreign currency options and futures?

• A) Options leave a buyer with the choice of exercising or not exercising; whereas the futures require a mandatory delivery.
• B) Options require a mandatory delivery; whereas the futures leave a buyer with the choice of exercising or not exercising.
• C) Options require daily cash settlements from contract holders; while the futures do not require any daily cash settlements.
• D) Options do not require any daily cash settlements; while the futures require daily cash settlements from contract holders.

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Definitions:

Charismatic Leadership

A leadership style characterized by the leader's ability to inspire and motivate followers through personal charm and persuasion.

Transformational Leadership

Leadership approach that causes change in individuals and social systems, enhancing motivation, morale, and performance.

Charismatic Leadership

A leadership style characterized by an individual's ability to inspire and motivate followers through personal charm and persuasive communication.

Transformational Leadership

involves leaders working with their teams to identify needed change, creating a vision to guide the change through inspiration, and executing the change in tandem with committed members of the group.