The Agreement to Provide a Standardized Commodity to a Buyer

question 93

Multiple Choice

The agreement to provide a standardized commodity to a buyer on a specific date at a specific future price is

• A)a put option.
• B)a call option.
• C)a futures contract.
• D)a mortgage-backed security.

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Definitions:

Formal And Detailed

Characterized by a precise and thorough approach, often following specific rules or conventions.

Higher In Organization

A position or level that is above others in terms of authority or rank within an organization.

Skeptical Or Resistant

Showing doubt or disbelief regarding information or unwilling to accept something as true.

Audience

The collective of individuals targeted by a communication, campaign, or creative work, characterized by their shared interests or demographics.