Forward Contracts

question 18

Multiple Choice

Forward contracts:

• A) contain a commitment to the owner, and are standardized.
• B) contain a commitment to the owner, and can be tailored to the desire of the owner.
• C) contain a right but not a commitment to the owner, and can be tailored to the desire of the owner.
• D) contain a right but not a commitment to the owner, and are standardized.

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Definitions:

Racial Superiority

The belief that a particular race or ethnicity is superior to others and deserves to dominate, lead, or be given preferential treatment.

Classification

The systematic arrangement or categorization of entities based on shared qualities or characteristics.

Minority Group

A category of people who experience relative disadvantage as compared to members of a dominant social group within the same society.

Blacks

A term referring to individuals and groups of African descent, often used within the context of discussing racial identity, experiences, and issues in societies.