In the practical use of credit default swaps, there:
A) is no organized exchange or template for the agreement.
B) is an organized exchange or template for the agreement.
C) are laws making them illegal in Canada.
D) are limits to the amount of borrowing of both parties.

Question

Quizplus · Accepted Answer

Credit default swaps are typically traded over-the-counter (OTC) and do not have an organized exchange or standardized template for the agreement.

In the Practical Use of Credit Default Swaps, There