Which One of the Following Would Not Be Regulated in a Standardized

question 67

Multiple Choice

Which one of the following would not be regulated in a standardized futures contract?

• A) Quantity of asset to be traded
• B) Quality of asset to be traded
• C) The spot price
• D) Date of settlement

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Definitions:

Property Rights

The legal rights to own, use, and dispose of assets including real property and intellectual property.

Purchaser

An individual or entity that buys goods or services for personal use, commercial use, or resale.

Industry Canada

A department of the Canadian government formerly responsible for economic development, innovation, and scientific research, now part of Innovation, Science and Economic Development Canada.

Department of Industry Act

Legislation that establishes and defines the powers, responsibilities, and organization of a country's Department of Industry or similar entity.