What is the term for the revenue immediately generated from exercising a currency option?

A) open interest
B) leading payment
C) margin
D) intrinsic value

Answer: D

Business

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A ________ is a franchise in which a franchisee operates under the franchisor's trade name and is identified as part of the franchisor's business

A. chain-style business B. processing plant franchise C. manufacturing franchise D. distributorship

Business

Which of the following is distinguished by its short development cycles, its incremental planning approach, its focus on automated tests written by programmers and customers to monitor the process of development, and its reliance on an evolutionary approach to development that lasts throughout the lifetime of the system?

A) JAD B) OCP C) DRM D) eXtreme Programming E) Nominal group technique

Business