________ distribution involves the use of more than one but fewer than all of the intermediaries who are willing to carry a company's products

Which of the following is not true about fixtures?

A) A real property contract must list the fixtures to be included in the sale in order for them to be part of the sale. B) Fixtures usually were personal property prior to becoming a fixture. C) An item, such as a shelving unit, might be a fixture in some buildings, but not in others. D) Factors considered in whether something is a fixture include the intent of the person who attached it and whether damage would be done to the building upon the item's removal.

A portfolio manager in charge of a portfolio worth $10 million is concerned that the market might decline rapidly during the next six months

and would like to use put options on an index to provide protection against the portfolio falling below $9.5 million.The index is currently standing at 500 and each contract is on 100 times the index. What should the strike price of options on the index be the portfolio has a beta of 1? A. 425 B. 450 C. 475 D. 500