The Primary Difference Between a Forward Contract and a Futures

question 54

Multiple Choice

The primary difference between a forward contract and a futures contract is

• A) The time of delivery
• B) The time at which the price is determined
• C) The use of an organized exchange for futures contracts
• D) The type of commodity being exchanged
• E) The form of payment for delivery

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Definitions:

Sigmund Freud

Originating from Austria, he was a neurologist who pioneered psychoanalysis, which involves treating mental health issues through discussions between therapists and patients.

Collective Unconscious

A concept in psychology referring to the part of the unconscious mind which is derived from ancestral memory and experience and is common to all humankind.

Archetypes

Symbolic, universally recognized characters or themes that recur across different cultures and literature, as identified in Jungian psychology.

Primary Attitudes

Fundamental feelings or beliefs that are held by an individual toward objects, people, or concepts.