Which of the Following Is Not Correct Concerning Futures Contracts

question 4

Multiple Choice

Which of the following is not correct concerning futures contracts?

• A) They entail an obligation rather than an option.
• B) The contract price is set at the beginning of the contract.
• C) The contracts are exchange-traded.
• D) Gains or losses are recorded at contract expiration.

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Definitions:

Bloodstream

The flow of blood within the circulatory system of the body, transporting nutrients, oxygen, and waste products to and from tissues.

Glands

Specialized organs in the body that secrete hormones directly into the blood or tissues, playing vital roles in various physiological functions.

Patriarchal Societies

Social systems in which men hold primary power and predominate in roles of political leadership, moral authority, social privilege, and control of property.

Matriarchal Societies

Communities or societies where power and inheritance are passed through the female line, and women hold primary positions of authority.