Which of the Following Is True About Profits from Futures

question 25

Multiple Choice

Which of the following is true about profits from futures contracts?

• A) The person with the long position gets to decide whether to exercise the futures contract and will only do so if there is a profit to be made.
• B) It is possible for both the holder of the long position and the holder of the short position to earn a profit.
• C) The clearinghouse makes most of the profit.
• D) The amount that the holder of the long position gains must equal the amount that the holder of the short position loses.
• E) Holders of short positions can recognize profits by making delivery early.

Distinguish between different sociological theories and their perspectives on social phenomena.

Recognize the role of values, norms, and socialization in shaping individual behavior and societal harmony.

Apply sociological theories to the analysis of contemporary social problems and their solutions.

Understand the development and purpose of standardized intelligence tests.

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Definitions:

Trachea

The windpipe; a tube that connects the pharynx and larynx to the lungs, allowing the passage of air.

Epiglottis

Structure that covers the glottis, the air-tract opening, during the process of swallowing.

Bronchioles

The small passages in the lungs that lead from the bronchi to the alveoli, involved in the process of breathing.

Saliva

A clear liquid secreted by the salivary glands in the mouth, containing enzymes that aid in the digestion of carbohydrates and serve as a lubricant for food.