Unlike Options,a Futures Contract Binds the Buyer to Buy the Commodity

question 68

True/False

Unlike options,a futures contract binds the buyer to buy the commodity at a fixed price.

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Definitions:

Organization

The arrangement or coordination of activities and resources to achieve specific objectives.

Need for Affiliation

A psychological and social phenomenon where individuals seek emotional support, validation, or companionship from others; often seen as a fundamental human motive.

Employees

Individuals who are hired by someone for wages or salary, often to perform specific duties within an organization.

Workplace Conflicts

Disagreements or disputes between employees or between employees and management, which can arise from differences in personality, values, or interests.