Which of the Following Features Apply to a Futures Contract

question 16

Multiple Choice

Which of the following features apply to a futures contract?
I. zero-sum game
II. derivative security
III. maturity date
IV. settlement procedure

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

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Definitions:

Intrinsic Motives

Internal driving forces that prompt action, based on personal satisfaction, curiosity, challenge, or enjoyment, rather than external rewards.

Introverted Archetype

A personality type characterized by a preference for solitude, deep thought, and a focus on internal feelings rather than external sources of stimulation.

Reciprocal Determinism

This concept in psychology suggests that a person's behavior is influenced by both their environment and personal factors, and these elements interact in a bidirectional manner.

Psychosocial Development

The theory that describes the psychological development of individuals through their interaction with their social environment.