A Bakery Generally Enters into a Forward Contract in Wheat

question 2

Multiple Choice

A bakery generally enters into a forward contract in wheat as a:

• A)hedger.
• B)speculator.
• C)spot trader.
• D)broker.
• E)spectator.

---

Definitions:

Ruptured Follicle

A follicle that releases its egg during ovulation, sometimes referred to as ovulation itself.

Progesterone

A steroid hormone released by the corpus luteum that regulates the condition of the endometrium (lining of the uterus), making it suitable for pregnancy.

Oviducts

Tubes through which eggs travel from the ovaries to the uterus in female mammals; also known as fallopian tubes.

Fertilization

The union of a male gamete (sperm) and a female gamete (egg) to form a zygote, initiating the development of a new individual.