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.

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Definitions:

Organizational Culture

The shared values, beliefs, norms, and practices that shape the social and psychological environment of a business organization.

Friendly Behavior

Actions that are kind, pleasant, and supportive towards others.

Managerial Actions

Decisions or behaviors taken by managers in the course of leading and managing an organization or team.

Culture Modification

The process of altering an organization's or society's cultural elements, including norms, values, and practices.