A Futures Contract Are Enhanced Forward Contract with Some Important

question 59

Essay

A futures contract are enhanced forward contract with some important differences.Explain.
A futures contract is a forward contract that has been standardized and which is sold through an organized exchange.Forward contracts generally are private agreements between two parties and as a result are customized and therefore difficult to sell.

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Definitions:

Terminally Ill

A medical condition that is severe and incurable, leading inevitably to death, often involving significant pain and suffering.

Medical Subculture

A subgroup within the broader medical community with distinct beliefs, behaviors, and practices, often formed around specialized fields or shared experiences.

Physician As Healer

The role of physicians to not only treat diseases but also to promote healing in a holistic sense, addressing the physical, emotional, and spiritual needs of patients.

C. Saunders

Cicely Saunders was a key figure in the hospice movement, promoting palliative care for terminally ill patients.