Which Is the Correct Definition of a Futures Contract

question 21

Multiple Choice

Which is the correct definition of a futures contract?

• A)an asset trade that is made today for delivery in three days
• B)the right to trade an asset before an expiration date
• C)an agreement to trade an asset at a specified price at some point in the future
• D)the difference between the bid and ask price of an asset on delivery day

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Definitions:

Supportive Behaviors

Actions that promote the well-being of others and offer assistance or encouragement.

Initiating Behaviors

Actions taken to start processes, introduce changes or influence group activities towards achieving goals.

Coaching Strategy

An approach or technique employed to direct, instruct, and train a person or group of people, with the aim to achieve some goal or develop specific skills.

Storming Stage

A phase in team development characterized by conflict and competition as group members seek to establish their roles.