Which One of the Following Statements Is Correct

question 17

Multiple Choice

Which one of the following statements is correct?

• A)Futures contracts must be held to maturity.
• B)Futures contracts can be closed out only by contract buyers.
• C)Futures contracts can be closed out, but only during the week prior to maturity.
• D)You cannot avoid accepting delivery once you purchase a futures contract.
• E)Futures contracts can be closed out by entering a reverse trade.

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Definitions:

Property Rights

Legal rights to possess, use, and dispose of assets including real estate, personal property, and intellectual property.

Values Clarification

A process by which individuals reflect on, articulate, and align their personal values with their actions and decisions.

Moral Education

The process of teaching individuals, especially children and adolescents, about the values and ethical conduct considered desirable in a given society.

Service Learning

An educational approach that combines learning objectives with community service, allowing students to gain hands-on experience while benefiting their communities.