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:

Extraversion

A personality trait characterized by outgoingness, high energy, and sociability.

Ambition

Ambition is the strong desire to achieve something, typically requiring determination, hard work, and sometimes involving a plan of action.

Sociability

Refers to the tendency to seek and enjoy social interactions and to feel comfortable and cooperative within social contexts.

Factor Analysis

A statistical method used to describe variability among observed, correlated variables in terms of a potentially lower number of unobserved variables, called factors.