Currency Futures Contracts Differ from Forward Contracts in That They

question 57

Multiple Choice

Currency futures contracts differ from forward contracts in that they ​

• A)are an obligation.
• B)are not an obligation.
• C)are standardized.
• D)can specify any amount and maturity date.

---

Definitions:

Pessimism

An inclination to focus on the most negative aspects or to anticipate unfavorable outcomes, showing a deficiency in hopefulness or trust in what the future holds.

Immune System

The body's defense system against infections, diseases, and other potentially damaging foreign bodies.

Restless Legs Syndrome

A neurological disorder characterized by an irresistible urge to move the legs, often accompanied by uncomfortable sensations.

DSM-5

The fifth edition of the Diagnostic and Statistical Manual of Mental Disorders, a handbook used by healthcare professionals as the authoritative guide to diagnosing mental disorders.