The _______ of a Forward Contract Is Obligated to ______

question 72

Multiple Choice

The _______ of a forward contract is obligated to ______ delivery and pay for the contracted goods at the forward price; the _______ of a forward contract is obligated to ______ delivery and
Accept payment for the goods at the forward price.

• A) seller; make; buyer; take
• B) seller; take; buyer; make
• C) buyer; make; seller; take
• D) buyer; take; seller; take
• E) buyer; take; seller; make

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Definitions:

Intentional Torts

Deliberate acts committed by an individual that cause harm or injury to another person, leading to civil liability.

Tort Law

The area of law that deals with civil wrongs causing harm or injury to individuals or their property, where the injured party can seek compensation.

Federal Law

Legislation that is enacted by the national government and applies throughout the country, overriding state and local laws where there is conflict.

Public Nuisance

An act or omission that obstructs, damages, or inconveniences the rights of the community or public.