The Terms of Futures Contracts __________ Standardized, and the Terms

question 83

Multiple Choice

The terms of futures contracts __________ standardized, and the terms of forward contracts __________ standardized.

• A) are; are
• B) are not; are
• C) are; are not
• D) are not; are not
• E) are; may or may not be

---

Definitions:

Competition

The rivalry between entities for resources or market dominance, which can drive innovation and efficiency.

Work Team

A group of individuals who collaborate and work together towards a common goal, leveraging their respective skills and strengths.

Dissolution

The process of dissolving or winding up an entity or partnership, effectively ending its existence.

Partnership

A voluntary association between two or more people who co-own a business for profit.