When the Seller of a Futures Contract Is Granted a Choice

question 80

Multiple Choice

When the seller of a futures contract is granted a choice among various assets to deliver, the seller is said to have which one of the following options?

• A)right-to-choose option
• B)spot or futures option
• C)cheapest-to-deliver option
• D)mark-to-market option
• E)flexible delivery option

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Definitions:

Privacy

The state or condition of being free from unauthorized intrusion or disclosure in one's personal life or affairs.

Personal Freedom

The right to act, speak, or think without unwanted external restraint.

Justice Perspective

A moral perspective that focuses on the rights of the individual; individuals independently make moral decisions.

Moral Perspective

Involves the viewpoint or stance from which ethical rightness or wrongness is determined, often based on societal, cultural, or personal values.