If You Have a Position Where You Might Be Obligated

question 75

Multiple Choice

If you have a position where you might be obligated to sell pounds, you are:

• A) a call writer.
• B) a call buyer.
• C) a put writer.
• D) a put buyer.

---

Definitions:

Wheel Cylinders

Hydraulic cylinders in a drum brake system, responsible for applying force to the brake shoes when the brake pedal is pressed.

Hydraulic System

A technology in which fluid is used to move energy from one location to another, often used in machinery to perform work.

Double-Wall Steel

A construction method using two layers of steel to provide added strength, insulation, or protection against leaks or external damage.

Copper Clad

A material or board that is coated with a layer of copper, often used in the manufacturing of printed circuit boards (PCBs).