Which Statement Best Describes Forward And/or Futures Contracts

question 7

Multiple Choice

Which statement best describes forward and/or futures contracts?

• A)One advantage of forward contracts is that they are default free.
• B)Futures contracts generally trade on an organized exchange and are marked to market daily.
• C)Goods are never delivered under forward contracts, but are almost always delivered under futures contracts.
• D)While futures contracts can be constructed to accommodate both parties, forward contracts are standardized.

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Definitions:

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Bias, unfair treatment, or hostility towards individuals of another race, stemming from the conviction that one's own race is superior.

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The skillful and sensitive handling of social interactions and relationships.