Futures markets have grown rapidly because futures contracts
A) are standardized.
B) have lower default risk.
C) are liquid.
D) are all of the above.
D
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When you speculate about the cause of a problem, you are forming a ________, a potential explanation that needs to be tested
A) hypothesis B) prospectus C) quandary D) supposition E) problem factor
A good positive response to a routine request addresses audience's concerns using an articulate, concise writing style
Indicate whether the statement is true or false
Pat owns one share of stock in Quik Smoothies Corporation, as evidenced by a stock certificate. Because stock is intangible personal property, Pat's ownership of the stock A) exists independently of the stock certificate
B) cannot exist without a tangible stock certificate. C) cannot exist without the original stock certificate. D) cannot be transferred without the stock certificate.
An "acknowledgment by a bank" that it has received money from a customer with a promise by the bank that it will repay the money received at a date specified or, in some instances, on demand is a:
a. draft certificate b. certificate of payment c. balloon certificate d. real estate certificate e. none of the other choices are correct