Forward Contracts Are Usually Liquidated by Actual Delivery of the Currency

question 66

True/False

Forward contracts are usually liquidated by actual delivery of the currency, while futures contracts are usually liquidated by offsetting transactions.

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Definitions:

Reference Groups

Social groups that individuals use as a standard for evaluating their own behavior, attitudes, and values.

External Social Environment

The external factors in society that influence an organization's operation, including cultural, demographic, and social aspects.

Behavior

Refers to the actions and mannerisms made by individuals, groups, or systems.

Thought Process

The mental steps involved in processing information, solving problems, or forming judgments and opinions.