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:

Ongoing Practices

Activities or processes that are continuously conducted or repeated over time, forming a regular pattern or routine.

Organizational Life

Aspects and dynamics of existence within organizations, including culture, structures, processes, and interactions among members.

Purist Approach

A methodology or philosophy characterized by a strict adherence to traditional methods or structures, particularly in cultural or artistic practices.

Organizational Culture

The collective behaviors, values, beliefs, and assumptions that contribute to the unique social and psychological environment of an organization.