A _______________ Is a Contract Giving the Purchaser the Right,but

question 41

Multiple Choice

A _______________ is a contract giving the purchaser the right,but not the obligation,to buy or to sell a standard amount of a traded currency on a stated date or at any time before a stated date and at a stated price.

• A)foreign exchange option
• B)futures transaction
• C)spot transaction
• D)forward transaction

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Definitions:

Rail Position Sensing

Technology used to detect the exact position of a train on the tracks, crucial for safety and efficiency.

Power Management Electronics

Electronic systems designed to optimize the distribution and consumption of power within a vehicle, enhancing efficiency.

Voltage Spikes

Sudden increases in voltage significantly above the normal level for a short duration, potentially harmful to electrical components.