A(n)[blank] Is a Contract That Requires the Holder to Buy

question 114

Multiple Choice

A(n) [blank] is a contract that requires the holder to buy or sell a stated commodity at a specified price at a specified time in the future.

• A)warrant
• B)option
• C)futures
• D)convertible contract

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Definitions:

Studies

Systematic investigations into and analysis of materials and sources in order to establish facts and reach new conclusions.

Activities

Tasks or actions that are carried out by individuals, often for the purpose of leisure, personal gratification, or goal achievement.

Conscience

The internal aspect of an individual that reflects on and judges the morality of that individual's actions.

Superego

The part of the personality in Freudian psychoanalytic theory that represents internalized societal standards of right and wrong.