Clearing houses are
A. Never used in futures markets and sometimes used in OTC markets
B. Used in OTC markets, but not in futures markets
C. Always used in futures markets and sometimes used in OTC markets
D. Always used in both futures markets and OTC markets
C
Clearing houses are always used by exchanges trading futures. Increasingly, OTC products are cleared through CCPs, which are a type of clearing house.
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The doctrine of caveat emptor means:
A) Let the buyer beware. B) Let the seller be liable for all damages. C) That the legal remedy must be just and fair. D) Let the seller beware.
Researchers Surveyed 527 employees who worked for a Chinese telecommunications division of a Fortune 500 company. They found that senior managers’ use of participative leadership
a. increased the middle managers’ psychological empowerment, which in turn increased the middle managers’ job performance and their organizational citizenship behaviors b. increased creativity and the development of new products c. increased middle managers’ ethical behavior and reduced the number of complaints by workers against supervisors d. had the unintended side effect of increasing the number of defective products produced
A horizontal restraint is any agreement that in some way restrains competition between rival firms competing in the same market
Indicate whether the statement is true or false
The Constitution gives the federal and state governments concurrent powers over patents and copyrights
Indicate whether the statement is true or false