Futures Contracts Are Standardized Contracts Between Two Parties to Trade

question 67

Multiple Choice

Futures contracts are standardized contracts between two parties to trade financial assets at a future date and in which the terms including the price of the transaction are determined _____

• A)today.
• B)in the future.
• C)by mutual consent.
• D)only in equilibrium.

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Definitions:

Topics

Subjects or areas of discussion and interest within a broader field or context.

Relational Goal

An objective aimed at establishing, improving, or sustaining a relationship between individuals or groups.

Face-saving Strategies

Methods or approaches used to preserve one's dignity or reputation in a social context, especially after or during a conflict.

Biased

Refers to having an unfair or prejudiced perspective towards a person or group.