Which of the Following Is the Best Definition of Futures

question 59

Multiple Choice

Which of the following is the best definition of futures contract?

• A) Long-term financial risk arising from permanent changes in prices or other economic fundamentals.
• B) A legally binding agreement between two parties calling for the sale of an asset or product in the future at a price agreed upon today.
• C) A forward contract with the feature that gains and losses are realized each day rather than only on the settlement date.
• D) Reducing a firm's exposure to price or rate fluctuations.
• E) An agreement that gives the owner the right, but not the obligation, to buy or sell a specific asset at a specific price for a set period of time.

Understand the importance of cultural competence in the practice of psychology.

Grasp the concept of third-wave approaches to therapy and their underlying philosophies.

Understand the application and effectiveness of humanistic theories in therapy.

Detail the concept of prevention in mental health and differentiate among its types.