Which of the following is true for a September futures option?

A. The expiration month of option is September
B. The option was first traded in September
C. The delivery month of the underlying futures contract is September
D. September is the first month when the option can be exercised


C

The month of a futures option refers to the month of the underlying futures contract.

Business

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What will be an ideal response?

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How should reference checking for a managerial position differ from a nonmanagerial position?

a. It should include the candidate’s former subordinates. b. It is not necessary for managerial positions. c. It should include in-person interviews. d. It should not be limited to a candidate’s listed references on their resume.

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Which of the following statements about merchandise brokers is true?

A) Brokers are paid salaries by the manufacturers for whom they work. B) Brokers never take title to the merchandise they sell. C) Brokers work for manufacturer-owned intermediaries. D) Brokers typically represent sellers on an ongoing basis. E) Brokers work in industries with only a few, very large buyers and sellers.

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