Alcohol Requires __________

question 73

Multiple Choice

Alcohol requires __________.

• A)a special enzyme in order for it to be digested
• B)a relatively long time to be absorbed from the gastrointestinal tract
• C)special enzymes in the liver in order to be metabolized
• D)none of the above

---

Definitions:

Futures Contract

A standardized legal agreement to buy or sell something at a predetermined price at a specified time in the future.

Forward Contract

A non-standardized contract between two parties to buy or sell an asset at a specified future time at a price agreed upon today.

Settlement Date

The date on which a trade or transaction must be finalized with the transfer of the asset and payment completed.

Risk Of Default

The possibility or likelihood that a borrower will not be able to meet debt obligations, leading to financial losses for the lender.