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The Buyer of a Futures Contract Is Said to Have

question 74

Multiple Choice

The buyer of a futures contract is said to have a __________ position, and the seller of a futures contract is said to have a __________ position in futures.

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Definitions:

North-South

A direction or orientation aligning with the Earth's magnetic or true north and south poles.

East-West

A directional orientation parallel to the equator, used to describe the relative positioning of geographic features or movements on Earth.

Shortened

Made smaller in length, duration, or extent.

Metamorphic Grade

A classification of the degree of metamorphism or the extent of crystalline, structural, and chemical changes that have occurred in a rock due to heat, pressure, and chemical processes.

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