Which of the Following Is NOT a Feature of Futures

question 39

Multiple Choice

Which of the following is NOT a feature of futures contracts?

• A) Futures contracts involve an obligation to buy or sell a specified amount
• B) Trading of contracts occurs on an exchange
• C) The contract price is settled at the end of the contract
• D) Trading an opposite contract usually closes out the contract

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Definitions:

REM Sleep

A stage of sleep characterized by rapid eye movement, increased brain activity, vivid dreaming, and temporary paralysis of muscle systems apart from the eyes and respiratory muscles.

Dopaminergic Hypothesis

A theory suggesting that the imbalance of dopamine levels in the brain is a significant factor in the development of certain psychiatric disorders, especially schizophrenia.

Freudian Cathartic Hypothesis

A theory suggesting that releasing and confronting pent-up emotions through talking about one’s problems can lead to psychological healing.

Psychoactive Drugs

Substances that, when taken into the body, alter brain function, resulting in temporary changes in perception, mood, consciousness, and behavior.