A Contract Giving the Right to Receive a Specified Quantity

question 47

Multiple Choice

A contract giving the right to receive a specified quantity of foreign currency at a future date is known as a:

• A)Hedging contract.
• B)Specified contract.
• C)Foreign contract.
• D)Future contract.

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Definitions:

Pericardium

The double-walled sac containing the heart and the roots of the great vessels, providing protection and reducing friction.

Heart Valves

Structures within the heart that open and close to control the flow of blood through the heart's chambers and into the body.

Blood Flow

The continuous circulation of blood through the cardiovascular system, supplying nutrients and oxygen to the body.

Blood Pressure

The force exerted by circulating blood upon the walls of blood vessels, typically measured in the arteries.