A Long Position in a Futures Contract Can Be Canceled

question 28

True/False

A long position in a futures contract can be canceled by selling a futures contract (i.e., a contract to make delivery).​

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Definitions:

Demand Segment

Refers to a group of potential customers who have similar needs and responses to marketing actions, which can shape how products or services are promoted to them.

Differential Pricing

A pricing strategy where a company sells the same product or service at different prices to different groups of customers, based on factors like location or purchase volume.

Total Profits

The final amount of income a business makes after accounting for all costs, expenses, and taxes.

Capacity Utilization

The percentage of a company's total production capacity that is currently being used.