Which one of the following was the first listed exchange for stock options in the United States?
A) Stock Index Board
B) Philadelphia Board of Trade
C) New York Stock Exchange
D) Chicago Board Options Exchange
Answer: D
Business
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George and Virginia have an annuity that will provide benefits for George's life and then continue to provide the same amount of benefits to Virginia as his survivor. What type of annuity did George set up?
A) Joint life annuity B) Temporary annuity certain C) Life annuity with period certain D) Joint life and survivorship annuity
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Which product category listed below lends itself to a standard price policy?
A) commodities B) luxury goods C) consumer packaged goods D) services
Business