Settlement Date in a Forward Contract Means

question 67

Multiple Choice

Settlement date in a forward contract means:

• A)forward prices are always higher than spot prices.
• B)spot prices are always higher than forward prices.
• C)the future date on which the buyer pays the seller and the seller delivers the assets to the buyer.
• D)the contracted party that exchanges one item for another for a predetermined price at a predetermined point in time.

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Definitions:

Unions

Organizations formed by workers to collectively bargain with employers for better wages, working conditions, and other employment rights.

Income

Earnings received by an individual or entity in exchange for labor or services, from investments, or through other sources.

Living Standards

The level of wealth, comfort, material goods, and necessities available to a person, group, or society.

Industrial Democracy

A form of organizational governance in which workers have a direct or representative role in decision-making processes.