When Talking About Forward Contracts, the Date on Which the Contracted

question 29

Multiple Choice

When talking about forward contracts, the date on which the contracted delivery must take place is called:

• A)the settlement date
• B)the counterparty date
• C)forward date
• D)spot date

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Definitions:

Documents of Title

Legal documents that provide proof of ownership of property, including titles for vehicles or deeds for real estate.

Warehouse Receipts

Documents issued by warehouse operators certifying the possession and storage of specified goods.

Bills of Lading

Official documents issued by a carrier to acknowledge the receipt of cargo for shipment.

Accession

A method of acquiring property rights by adding value to personal property through labor or new materials.