Which of the Following Is a Written Document Signed by the Maker

question 61

Multiple Choice

Which of the following is a written document signed by the maker or drawer with an unconditional promise or order to pay a certain sum in money on demand or at a specified time to the order of bearer?

• A)An acknowledged instrument.
• B)A delivered instrument.
• C)A contract instrument.
• D)A negotiable instrument.
• E)A holder instrument.

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Definitions:

Put Option

A financial agreement granting the holder the option, but no requirement, to sell a certain quantity of an underlying asset at a predetermined price during a defined period.

Forward Contract

An individualized agreement for the purchase or sale of an asset at an agreed-upon price on a specific future date between two parties.

Swap Contract

Swap Contract is a financial agreement to exchange cash flows or other financial instruments between two parties at specified future dates.

Interest Rate Floor

A derivative contract that provides a minimum interest rate protection to investors, ensuring rates do not fall below a specified level.