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:

Life Satisfaction

An individual's evaluation of their own life, in which they reflect upon their achievements and determine how closely those align with their life goals.

Anxiety

A feeling of worry, nervousness, or unease about something with an uncertain outcome, often characterized by physical symptoms.

Correlation

A statistical measurement that indicates the extent to which two or more variables fluctuate together.

Facts

A statement or assertion that can be proven to be true or is accepted as true based on evidence.