Credit risk in the swap market

A) is extensive.
B) is limited to the difference between the values of the fixed rate and floating rate obligations.
C) is equal to the total value of the payments that the floating rate payer was obligated to make.
D) is extensive and equal to the total value of the payments that the floating rate payer was obligated to make.
E) None of the options are correct.

Was it illegal for the supervisor to fire Kolby because Kolby is a fan of science fiction?

A) Yes, under the employment-at-will doctrine, all employees have a contract of employment and cannot be terminated for any reason.
B) Yes, under the employment-at-will doctrine, a contract of employment may not be terminated at will unless both parties agree otherwise.
C) Yes, under the employment-at-will doctrine, a contract of employment may be terminated at will by either party at any time and for any fair reason.
D) No, under the employment-at-will doctrine, a contract of employment may be terminated at will by either party at any time and for any reason.
E) No, under the employment-at-will doctrine, a contract of employment may be terminated at will by either party at any time as long as the reason is legitimate.