When You Own ____, There Is No Obligation on Your

question 71

Multiple Choice

When you own ____, there is no obligation on your part; however, when you own ____, there is an obligation on your part.

• A) call options; put options
• B) futures contracts; call options
• C) forward contracts; futures contracts
• D) put options; forward contracts

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Definitions:

Operating Systems

An application responsible for handling both the software and hardware resources of a computer, while delivering general services to other software.

32-bit Windows

A version of Microsoft Windows operating systems designed to use 32 bits for addressing memory, suitable for processors that support the 32-bit architecture.

64-bit Windows

A version of Windows operating system designed to handle large amounts of RAM more efficiently than its 32-bit counterpart, allowing for improved performance and capabilities.

Personal License

A legal permission that allows an individual to use software, media, or content for personal, non-commercial purposes.