The Terms of Futures Contracts, Such as the Quality and Quantity

question 47

Multiple Choice

The terms of futures contracts, such as the quality and quantity of the commodity and the delivery date, are

• A)specified by the buyers and sellers.
• B)specified only by the buyers.
• C)specified by the futures exchanges.
• D)specified by brokers and dealers.

---

Definitions:

Betting

The action of gambling money on the outcome of a race, game, or other unpredictable events.

Central Route

A method of persuasion that involves deeply processing the content of a message, focusing on the arguments and evidence presented.

Peripheral Route

A method of persuasion that relies on superficial cues or heuristics, rather than the logical content of the message, to influence someone's attitude or decision.

Emotional Route

A pathway by which emotional responses are elicited, often referring to how emotional reactions can influence decision-making.