The pharynx is a tube-like structure that connects the nasal and oral cavities to the larynx. Its function is to provide a passageway for the respiratory and digestive tracts. â¦ It has to coordinate both inspiration and swallowing while eating, or else aspiration and death may result. 29 people found this useful.
A warrant is a short-term bearer bond. Long Version: Warrants are similar to checks in that they are instruments that represent payment and are usually printed on a form that has the same look as a check. The instrument is an asset to the receiving party but is not considered a liquid asset.
The big difference is that options you can write yourself. Warrants are issued by the company and so there is a finite stock of warrants. The warrant market in Hong Kong is pretty big because you can't easily do algo trading of stocks because of the stamp duty.