What Are Reserved Powers

question 51

Multiple Choice

What are reserved powers?

• A)powers specifically delegated to the national government by the Constitution
• B)powers specifically delegated to state governments by the Constitution
• C)powers not specifically delegated to the national government by the Constitution
• D)powers not specifically delegated to state governments by the Constitution

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Definitions:

Underlying Security

A stock, bond, currency, or commodity on which an option or futures contract is based.

Collar

An options strategy that brackets the value of a portfolio between two bounds.

Net Outlay

The total amount invested or spent, minus any returns or reimbursements.

Options Strategy

A plan or approach for trading options that can involve buying and/or selling one or more options that differ in one or more of the options' variables.