Which of the Following Items Is Not Specified in a Futures

question 85

Multiple Choice

Which of the following items is not 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)II and IV
• B)I, III, and V
• C)I and V
• D)I, IV, and V

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Definitions:

Progress Inhibition

Any factor or condition that slows down or prevents advancement, improvement, or achievement in a particular area.

Job Complexity

The degree to which a job requires a variety of skills, tasks, and decision-making abilities, impacting performance and satisfaction.

Workload

The amount of work assigned to or expected from a person within a given time frame.

Deadlines

Specific dates or times by which tasks or objectives must be completed, often used to ensure timely progress.