Which of the Following Characteristics Is Similar in Both Futures

question 23

Multiple Choice

Which of the following characteristics is similar in both futures and forward contracts?

• A) Future asset transactions are conducted at an agreed price.
• B) Contracts are sold through organized exchanges.
• C) Contract terms are standardized.
• D) Price changes are settled daily.

---

Definitions:

Convenience Store

Type of retailer that provides a limited number of items at a convenient location in a small store with speedy checkout.

Reference Groups

Social groups that individuals compare themselves to for guidance in developing their own attitudes, beliefs, and behaviors.

Consumer Decision

The process by which a consumer selects a product or service among multiple choices, influenced by factors like personal preferences, price, quality, and marketing.

Purchase Affected

Instances where the decision to buy a product or service is influenced by external or internal factors.