A ________ Is a Derivative Security That Gives the Owner

question 36

Multiple Choice

A ________ is a derivative security that gives the owner the right,but not the obligation,to buy an asset at a fixed price for a specified period of time.

• A)futures contract
• B)call option
• C)put option
• D)swap
• E)forward contract

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Definitions:

Dodd-Frank Act

A comprehensive piece of financial regulation legislation passed in 2010 in response to the 2008 financial crisis, aimed at reducing risks in the U.S. financial system.

Clayton Act

An antitrust law enacted in the United States to prevent anticompetitive practices and to promote competition.