Which One of the Following Is a Contract Managed by an Organized

question 15

Multiple Choice

Which one of the following is a contract managed by an organized exchange that allows a buyer and seller to agree on a price today for an exchange of goods that will occur sometime in the future?

• A)futures contract
• B)spot market
• C)cash market
• D)forward contract
• E)discounted contract

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Definitions:

Slope-Intercept Form

The equation of a straight line in the form y = mx + b, where m is the slope and b is the y-intercept.

Equation

A mathematical statement that asserts the equality of two expressions, symbolized by the equals sign.

Slope-Intercept Form

A way of writing linear equations as \(y = mx + b\), where \(m\) is the slope and \(b\) is the y-intercept.

Equation

A mathematical statement that asserts the equality of two expressions, typically involving one or more variables.