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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Understanding target audience perceptions of cost is important because
a. strategies can be used to reduce perceived costs b. target audience perceptions are always right c. a marketer wants to minimize the number of exchanges d. a perceived cost is the same as monetary cost e. costs only accrue to the target audience so you need to understand them
A party can claim the excuse of ________ if he or she can prove that the failure to perform on his or her part was due to an event or effect that could not be reasonably anticipated or controlled
A. dirty hands B. Nachfrist notice C. force majeure D. nolo contendere