If a Trader Holding a Long Position in Corn Futures

question 9

Multiple Choice

If a trader holding a long position in corn futures fails to meet the obligations of a futures contract, the party that is hurt by the failure is

• A) the offsetting short trader.
• B) the corn farmer.
• C) the clearinghouse.
• D) the broker.
• E) the commodities dealer.

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Definitions:

Individualism View

A perspective that emphasizes the importance of personal freedom and self-reliance, often contrasting with collectivist approaches.

Self-interests

Refers to actions or decisions motivated by personal gain, advantage, or benefit, often considered in economic and behavioral analyses.

Terminal Values

Terminal values refer to the end goals in life that individuals consider most important and desirable, such as happiness, wisdom, or freedom.

Desired Ends

The specific outcomes or goals that an individual or organization aims to achieve through their actions or strategies.