Unlike Options,the Purchase of a Futures Contract Is a Binding

question 30

True/False

Unlike options,the purchase of a futures contract is a binding obligation to purchase at a fixed price at contract maturity.

---

Definitions:

Output Empty

Indicates that a system or module has no current output signals or data to send, possibly standing by for new instructions or input.

Examine If Closed

Instructs to check whether a circuit or contact is in a closed state, indicating a continuous electrical path.

XIC

Acronym for "Examine If Closed," a common instruction used in programmable logic controllers (PLCs) to check if a contact or switch is closed.