A(n)________ Is a Financial Instrument That Can Be Used to Eliminate

question 77

Multiple Choice

A(n) ________ is a financial instrument that can be used to eliminate the effect of both favourable and unfavorable price movements.

• A)convertible securities
• B)call option
• C)put option
• D)futures contracts

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Definitions:

Alleged

Claimed to be the case or have taken place, although there is no proof.

Livery of Seisin

A historic legal ceremony transferring possession of property from a seller to a buyer.

Delivery of Keys

The act of physically handing over the keys of a property, symbolizing the transfer of possession or control from one party to another, often occurring in real estate transactions.

Extinguished

Used to describe a situation where a debt, obligation, or right has been nullified or terminated.