Which of the Following Is Not Correct Concerning Futures Contracts

question 57

Multiple Choice

Which of the following is not correct concerning futures contracts?

• A)Entails an obligation rather than an option.
• B)Contract price is set at the beginning of the contract.
• C)Contracts are exchange-traded.
• D)Gains or losses are recorded at contract expiration.

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Definitions:

People-Centered Management

A management approach that prioritizes the well-being and development of employees.

Employee Willingness

The readiness or propensity of employees to engage in particular tasks or accept changes within an organization.

Production-Centered Management

A leadership strategy emphasizing maximizing output and efficiency in the production process.

Health Care Provider

A professional or organization that delivers health care services, ranging from doctors and nurses to clinics and hospitals.