Which One of the Following Is Not Correct Concerning Forward

question 53

Multiple Choice

Which one of the following is not correct concerning forward contracts? Forward contracts:

• A) are not standardized.
• B) do not set the price until the end of the contract.
• C) are not traded on organized exchanges.
• D) are not marked to market daily.

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Definitions:

Waste Products

Substances that are produced as byproducts of biological, industrial, or other processes and are not of further use within that process.

Conjoined Twins

Twins that are physically attached to each other at birth, due to the incomplete splitting of the fertilized egg during early development.

Dizygotic Twins

Also known as fraternal twins, these are siblings that develop from two different eggs fertilized by two different sperm cells, but are carried in the womb simultaneously.

Fertilized Ova

Refers to an egg cell that has been fertilized by a sperm cell, beginning the process of embryonic development.