Which of the Following Statements Is True

question 13

Multiple Choice

Which of the following statements is true?

• A)The buyer of a forward contract holds a short position.
• B)The buyer of a futures contract holds a losing position.
• C)The buyer of a forward contract holds a wining position.
• D)The buyer of a futures contract holds a long position.

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Definitions:

Business Plan

is a formal document detailing the goals of a business, the strategy for achieving those goals, and the time frame for success, often used to secure investment.

Formation

The act of establishing or creating something, such as a business, organization, or legal entity.

Adequate Time

Sufficient duration required to properly complete or achieve a task or objective.

Conservative

Favoring traditional views and values; tending to resist change or cautious in approach.