Which of the Following Statements About Futures Is Correct

question 91

Multiple Choice

Which of the following statements about futures is correct?

• A) Most futures contracts result in delivery.
• B) Only a small percentage of financial futures contracts results in actual delivery.
• C) Only a quarter of financial futures contracts results in actual delivery.
• D) Financial futures contracts never result in actual delivery.

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Definitions:

Obligation

A legal or moral duty to do or not do something, typically enforceable through legal mechanisms.

Noisy Tenants

Tenants who cause a disturbance by making excessive noise, leading to complaints from other residents or neighbors.

Use and Enjoyment

The legal right to use an asset in a manner that will not be detrimental to the rights of others.

Possession

The act of having or taking into control something owned or maintained by oneself.