Concerning foreign exchange trading, a "futures contract" is characterized by which of the following?
a. The size of the contract is standardized in round lots.
b. The contract's costs are based on bid/offer spread.
c. Trading happens over the counter by telephone.
d. The date of delivery is negotiable.
a. The size of the contract is standardized in round lots.
You might also like to view...
Standard purchase orders are used for ______.
A. purchases to be made on approximate dates when inventories run low in specified quantities B. long-term purchases on multiple dates over a period of time C. one-time purchases D. weekly purchases
All of the following are correct regarding Treasury Bills EXCEPT:
a. Once Treasury bills are bought by a company, they cannot be sold. b. Treasury bills are sold each week by the Treasury to the highest bidder. c. They are often called T-bills. d. They are considered virtually risk free. e. They are issued only in minimum amounts of $10,000 or more.
When you see others consistently asking someone for resources or approvals, you have found someone with power and influence in the organization. _________________________
Answer the following statement true (T) or false (F)
Bryn, Cornell, and Duke are general partners in Equity Lending, a consumer credit, mortgage, and investment firm. Their agreement states that it is a breach of the agreement for any partner to assign his or her interest to a creditor without the consent of the other partners. Cornell's assignment of his interest in Equity Lending to Financial Consultants Corporation results in? A) nothing with
respect to Cornell or Equity Lending. B) the automatic termination of Equity Lending's legal existence. C) Cornell's liability for all of Equity Lending's debts. D) Cornell's wrongful dissociation and liability for any damages.