A Futures Contract Is A

question 53

Multiple Choice

A futures contract is a:

• A) contract that provides a specified commodity or instrument to be bought at a future date at a price determined at the expiry date.
• B) contract that provides a specified commodity or instrument to be bought at a future date at a price decided today.
• C) right to buy a specified commodity or instrument at a price determined today.
• D) right to buy a specified commodity or instrument at a price determined at the expiry date.

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Definitions:

Compliance

The property of materials to deform under load or force, also refers to the willingness of individuals to follow rules or guidelines.

Pulse Pressure

Difference between systolic and diastolic pressure.

Sphygmomanometer

Instrument for measuring blood pressure.

Turbulent

Characterized by disorderly, chaotic movement or operation, often used to describe fluid dynamics where flow is irregular and agitated.