Which of the Following Statements Is True

question 13

Multiple Choice

Which of the following statements is true?

• A)A forward contract is a standardised contract between two parties to deliver and pay for an asset in the future.
• B)A forward contract is a non-standardised contract between two parties to deliver and pay for an asset in the future.
• C)A forward contract is a standardised contract guaranteed by organised exchanges to deliver and pay for an asset in the future.
• D)A forward contract is a non-standardised contract guaranteed by organised exchanges to deliver and pay for an asset in the future.

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Definitions:

Legal Norms

Rules or standards established by a society that dictate acceptable behavior and actions, enforced through legal systems.

Mental Hospitals

Health facilities specializing in the treatment of individuals with mental health disorders.

Mental Disorder

Mental Disorder encompasses a wide range of mental health conditions that affect mood, thinking, behavior, and interaction with others.

Community

A social group of any size whose members reside in a specific locality, share government, and often have a common cultural and historical heritage.