Which of the Following Statements Is Most CORRECT

question 11

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) Forward contracts are generally standardized instruments,whereas futures contracts are generally tailor-made for the 2 parties of the contract.
• E) Essentially there are no differences between forward and futures contracts,except that forward contracts are used only for financial assets while futures contracts are used only for commodities.

Analyze the effects of stereotypes and their role in perpetuating social inequality.

Understand the impact of racism and discrimination on minority groups and society as a whole.

Explore the concepts of cultural diversity, multiculturalism, and their challenges in practice.

Identify the role of structural conditions and cultural attributes in shaping the economic success of ethnic groups.

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Definitions:

Specific Performance

A legal remedy in contract law requiring a party to execute the contract according to its exact terms rather than paying monetary damages.

Unique Items

Unique items refer to objects or assets that are distinct because of certain features or characteristics that set them apart from other items in a collection or category.

Personal Property

Personal property encompasses movable assets owned by an individual or entity, in contrast to immovable real estate, such as furniture, vehicles, and electronics.

Restitution

The restoration of goods, property, or money to its rightful owner or the compensation for loss, damage, or injury caused.