The Customary Delivery Procedure at the Expiration of a Commodity

question 4

Multiple Choice

The customary delivery procedure at the expiration of a commodity futures contract is:

• A) delivering the commodity to the futures buyer.
• B) delivering the commodity to the futures exchange.
• C) offsetting the initial futures position and settling in cash.
• D)adding the profit or loss to your margin account and continuing to trade.

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Definitions:

Long-Term Memory

The capability of the brain to store, retain, and recall information over long periods.

Implicit Memory

Refers to unconscious memory processes that enable humans to perform tasks without actively thinking about them, such as riding a bike.

Explicit Memory

A type of long-term memory involving conscious recollection of factual information, previous experiences, and concepts.

Verbal Memory

The ability to remember and recall verbal information, including words and languages.