Which of the Following Items Is Specified in a Futures

question 25

Multiple Choice

Which of the following items is specified in a futures contract? I) The contract size
II. The maximum acceptable price range during the life of the contract
III. The acceptable grade of the commodity on which the contract is held
IV. The market price at expiration
V. The settlement price

• A)I, II, and IV
• B)I, III, and V
• C)I and V
• D)I, IV, and V

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Definitions:

Symptoms

Physical or mental features that are regarded as indicating a condition or disease.

Token Economy

A behavior modification method that uses tokens as rewards for desired behaviors, which can be exchanged for privileges or goods.

Reinforcers

Stimuli that increase the likelihood of a behavior being repeated.

Tokens

Symbols or objects used to represent or signify something else, or in behavioral economics, a tangible reward used in token economy systems for reinforcing desired behaviors.