Which of the Following Features Apply to a Futures Contract

question 16

Multiple Choice

Which of the following features apply to a futures contract?
I. zero-sum game
II. derivative security
III. maturity date
IV. settlement procedure

• A)I and II only
• B)I and III only
• C)II and III only
• D)II, III, and IV only
• E)I, II, III, and IV

---

Definitions:

Writs of Execution

Legal documents issued by a court authorizing the enforcement of a judgment, typically involving the seizure of property to satisfy a debt.

Vendor

A person or company offering something for sale, especially a trader in the streets.

Commission

A fee or percentage of a sale paid to a salesperson, agent, or broker for their services in facilitating a transaction.

Vendor

A person or company offering something for sale, typically goods or services.