Renato Arrived in Canada as a Child

question 12

Multiple Choice

Renato arrived in Canada as a child.He worked hard in high school and excelled,receiving high marks in math,English,and science.However,he cannot afford to go to university so he will not be able to pursue his dream of becoming an architect.Instead,he will join his family's business.According to the text,what is Renato's experience an example of?

• A) Immigrants rarely go to university.
• B) There are many opportunities for success through hard work.
• C) Education can create unrealistic goals,often resulting in disappointment.
• D) Schools are limited in their power to eliminate inequalities.

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Definitions:

Asset

An economic resource owned or controlled by an individual or company, expected to produce future benefits.

Strike Price

The specified price at which an options contract can be executed, determining the buying or selling price of the underlying asset.

Option Contract

A contract which grants the buyer the right, but not the obligation, to buy or sell an underlying asset at a set price within a specific time period.

Underlying Asset

The specific financial instrument (e.g., stock, bond, commodity) on which a derivative's value is based.