If One of the Parties to a Futures Contract Defaults

question 33

True/False

If one of the parties to a futures contract defaults, it is the clearinghouse that usually bears the loss.

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Definitions:

Roman Numerals

A numeral system originating in ancient Rome, using combinations of letters from the Latin alphabet (I, V, X, L, C, D, M) to represent numbers.

Talking Headings

A style of video presentation where the speaker’s head and shoulders are shown speaking to the camera, often used in news broadcasting.

Supporting Facts

Concrete evidence or data that backs up a claim, theory, or proposition, providing credibility and substance to arguments.

Parallelism

Parallelism in writing is the use of similar structures in related words, clauses, or phrases to create a balance and rhythm in the composition.