Exchange-traded derivatives have high credit (i.e., counterparty) risk compared to
OTC-traded derivatives.
Indicate whether the statement is true or false
False. Exchange-traded derivatives have very low credit risk because the entire exchange clearing house would have to fail for contracts not to be honored. Similarly, customer credit risk is low because of margin and mark-to-market requirements imposed by the exchange. By contrast, OTC contracts have much higher credit risks because these risks are based on the default risks of the individual counterparties.
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Lifetime customer value calculations are based on assumptions that can be validated easily and accurately
Indicate whether the statement is true or false
Which of the following statements is true about venue of the trial?
A) The venue of the trial court determines which court system has jurisdiction over the case. B) The defendant's right to have the venue changed is called right of removal. C) The doctrine of forum non conveniens grants the plaintiff the right to irreversibly fix the venue. D) The request for change of venue is granted at the judge's discretion.
?The marketing mix is built around the
A. ?product. B. ?company. C. ?customer. D. ?employee. E. ?retail outlet.
List the direct materials variances, and briefly describe each
What will be an ideal response