In an option contract, if the right is to buy a commodity, the option is known as a call

Indicate whether the statement is true or false

Ans: True

Business

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The outputs of the Plan Risk Responses process include risk response plans, risk owners assigned, and:

A. Residual rsiks. B. Probability of achieving cost objectives. C. Closed risks. D. Probability and impact matrix.

Business

This involves identifying homeowners who are at risk of defaulting on loans or whose houses are already in foreclosure. These homeowners are told that they can save their homes in exchange for a transfer of the deed and upfront fees. The property is then remortgaged or the fees are pocketed by the perpetrator. This is an example of what type of fraud case?

A. Mortgage Fraud B. Foreclosure Scheme C. Equity Skimming D. Credit Product

Business