Logan Sold a Corn Futures Contract Using the Initial Margin

question 12

Multiple Choice

Logan sold a corn futures contract using the initial margin of $2,700. His maintenance margin is $2,000. The price of corn began to rise in early summer, but Logan wants to keep his contract. When his margin falls below $2,000 (minimum maintenance)

• A) his contract will be automatically sold or canceled.
• B) he does not need to do anything since the most he can lose is $2,700.
• C) he will need to deposit enough money in his margin account to bring the balance up to $2,000.
• D) he will need to deliver the corn immediately.

Distinguish between Allport’s perspective and Freud's psychoanalytic theory.

Understand the development of personality traits and the significance of central traits.

Grasp the importance of functional autonomy in the continuity of personality.

Recognize the role of conscious plans and intentions in understanding present behavior.

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Definitions:

Graduate

A person who has successfully completed a course of study at a college, university, or other educational institution.

Financial Resources

Monetary assets available for use, such as cash, credit, or investments, that are essential for personal or business operations.

Peak Performance

The highest or most optimal level of performance of an individual or machine.

Nontraditional Student

An individual pursuing higher education who does not follow the typical pathway of enrolling immediately after high school, often older than traditional students.