Which of the Following Statements Is Most CORRECT

question 6

Multiple Choice

Which of the following statements is most CORRECT?

• A) One advantage of forward contracts is that they are default free.
• B) Futures contracts generally trade on an organized exchange and are marked to market daily.
• C) Goods are never delivered under forward contracts, but are almost always delivered under futures contracts.
• D) There are futures contracts for currencies but no forward contracts for currencies.
• E) Futures contracts don't have any margin requirements but forward contracts do.

---

Definitions:

Inner Conflicts

Psychological struggles within an individual that arise from opposing desires or needs.

Personality Development

The process of forming and distinguishing one's character traits, beliefs, and behaviors over time.

Conscious Mind

The aspect of mind that encompasses thoughts, memories, feelings, and wishes of which we are aware at any given moment.

Projective Tests

Psychological assessments where subjects' responses to ambiguous scenes, objects, or situations are analyzed to uncover underlying thoughts, feelings, or desires.