The Terms of Futures Contracts Such as the Quality and Quantity

question 14

Multiple Choice

The terms of futures contracts such as the quality and quantity of the commodity and the delivery date are

• A)specified by the buyers and sellers.
• B)specified only by the buyers.
• C)specified by the futures exchanges.
• D)specified by brokers and dealers.
• E)none of the above.

---

Definitions:

Signature Block

The section at the end of a document or email where the sender includes their name, position, and sometimes contact information, indicating approval or authorship.

Typewritten Name

The name of a person or entity printed using a typewriter or printed in a font that mimics typewriter text.

Attention Line

A part of an address or heading in a document that directs the material to a particular person or department within an organization.

Complimentary Close

A polite phrase used at the end of a letter or email before the sender's signature, often expressing friendliness or regards.