The Terms of Futures Contracts Traded in the United States

question 14

Multiple Choice

The terms of futures contracts traded in the United States are

• A) standardized as to amount or value, but not as to settlement dates.
• B) standardized as to settlement dates, but not as to amount or value.
• C) not standardized, but are determined entirely on the basis of the agreement entered into by the buyer and seller.
• D) standardized as to amount or value and as to settlement dates.

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