[Blank] Is a Security Whose Value Is Derived from the Value

question 65

Multiple Choice

[blank] is a security whose value is derived from the value of another asset or security.

• A)Derivative contract
• B)Futures contract
• C)Option contract
• D)Option premium

---

Definitions:

Firm’s Mission

A firm's mission defines its core purpose and values, guiding its strategic objectives and business activities toward achieving long-term goals.

Objectives And Goals

Refers to the specific outcomes or achievements that an organization or an individual aims to accomplish within a set timeframe.

Ethical Standards

Principles that govern the behavior of individuals and organizations, guiding conduct in a manner considered acceptable and right by societal or professional norms.

Competence

The ability to do something successfully or efficiently, often requiring specific knowledge, skills, or qualifications.