Futures Contracts Are Best Described by Which of the Following

question 66

Multiple Choice

Futures contracts are best described by which of the following?

• A) They are a way to buy common shares on a margin.
• B) They appeal to investors because they are sure providers of retirement income.
• C) They do not pay dividends.
• D) They are good investments for risk-aversive investors.

Recognize the impact of transferring rights or duties on the original parties’ obligations and rights.

Understand the legal requirements and formalities for the valid assignment and delegation of contracts.

Understand the importance and impact of personal packaging and presentation in professional settings.

Recognize the role of innovative packaging in enhancing brand image and product quality perception.

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Definitions:

Personally Liable

Being personally responsible for fulfilling the obligations of a debt or liability, not limited to the resources of a business or corporation.

Authorized Agent

An individual or organization legally empowered to act on behalf of another person or entity.

Discharge of Liability

The release of a debtor from the obligation to repay a debt, either through payment of the debt, through legal processes, or by agreement with the creditor.

Real Defenses

Legitimate legal defenses that can be asserted regardless of the contract's validity, often used in negotiating or contesting payment obligations.