Which of the Following Statements Is Correct

question 22

Multiple Choice

Which of the following statements is correct?

• A) An option seller makes more profits than an option buyer.
• B) A futures seller makes more profits than a futures buyer.
• C) A futures buyer's profit will be equal to the futures seller's loss.
• D) Both futures buyer and seller makes profit.

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Definitions:

Mandates

Instructions or directives given by the electorate to elected officials, or the authority granted to a government or its representatives to govern after an electoral victory.

Federal Agency

Units of the government responsible for the oversight and administration of specific functions, such as the Environmental Protection Agency or the Federal Bureau of Investigation.

Budget

A financial plan outlining expected revenues and expenditures for a specific period, used by individuals, businesses, and governments.

Political Appointee

An individual who has been selected for a governmental position, typically within the executive branch, based on their political affiliation or connections, rather than a career civil servant.