Discuss Similarities and Differences Between Futures Contracts and Forward Contracts

question 86

Essay

Discuss similarities and differences between futures contracts and forward contracts.

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Definitions:

Traditional Categories

Established or conventional classifications used to organize concepts, items, or practices according to common characteristics.

Property Crime

A category of crime that involves the theft, damage, or illegal possession of someone else's property.

Fiscal Crime

Illegal activities affecting government revenue, including tax evasion, fraud, and embezzlement.

Burglary

Breaking and entering onto the property of another with the intent to commit a felony.