A Standardised Agreement Traded on an Organised Exchange for Delivery

question 60

Multiple Choice

A standardised agreement traded on an organised exchange for delivery of a specified security or commodity at a specified price on a predetermined date is a/an:

• A) hedging contract.
• B) futures contract.
• C) option contract.
• D) swap contract.

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Definitions:

Interactional Synchrony

The phenomenon where two individuals engaged in a conversation mirror each other's nonverbal behaviors and gestures, facilitating a sense of connection.

Expectancy Violation Theory

A theory that examines how individuals respond to unexpected behaviors of others and the significance of those behaviors.

Personal Zone

An individual's preferred physical space around them, influencing social interactions and personal comfort.

Intimate

Characterized by a close, personal, and private relationship or interaction between individuals.