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The Main Difference Between a Futures Contract and a Forward

question 61

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The main difference between a futures contract and a forward contract is that with the former, buyers and sellers realize gains or losses on the settlement date, while the latter requires that gains or losses are realized daily.


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Socially Constructed

An understanding that concepts, identities, and values are created through social interactions and are not inherent or fixed, but shaped by cultural and societal norms.

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The societal norms dictating the behaviors, tasks, and responsibilities expected of males and females based on their biological sex.

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