Which of the Following Items Is Not Specified in a Futures

question 30

Multiple Choice

Which of the following items is not specified in a futures contract?
I.the contract size
II.the maximum acceptable price range during the life of the contract
III.the acceptable grade of the commodity on which the contract is held
IV.the market price at expiration
V.the settlement price

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

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Definitions:

Unconscious Level

The Unconscious Level refers to mental processes that occur automatically and are not available to introspection, influencing thoughts, feelings, and behaviors without our awareness.

Preconscious Level

The part of the mind that contains thoughts and feelings that are not currently being thought of but can easily be brought into consciousness.

Routine Decision

A typical or regular process of making decisions, often automatic and with minimal cognitive effort, usually for non-critical or everyday choices.

Buyer's Remorse

The feeling of regret or second thoughts after making a significant purchase.