Which One of the Following Characteristics Is Similar in Both

question 4

Multiple Choice

Which one of the following characteristics is similar in both futures and forward contracts?

• A) Future transactions are conducted at a price agreed upon earlier.
• B) Contracts are sold through organized exchanges.
• C) Contract terms are standardized by type of commodity.
• D) Price changes are settled daily in a process known as mark-to-market.

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Definitions:

Sea Creatures

A broad term for animals that live in the water, particularly in oceanic and sea environments, including fish, cephalopods, and marine mammals.

Çatal Höyük

A Neolithic and Chalcolithic archaeological site in southern Anatolia, Turkey, known for its well-preserved buildings and wall paintings that provide insight into early human urban life.

Composite View

A convention of representation in art in which part of a figure is shown in profile and another part of the same figure is shown frontally; often used in ancient Egyptian and other Near Eastern art traditions.

Three-Quarter Pose

A common pose in portraiture where the subject is turned slightly away from the viewer, showing three-quarters of their face.