Futures Contracts Are Subject to Default Risk

question 38

True/False

Futures contracts are subject to default risk.

---

Definitions:

Psychosocial Development

A theory that describes the stages of psychological and social development that humans go through from infancy to adulthood.

Self-confidence

The belief in one's own abilities or competence.

Basic Characteristic

A fundamental or inherent attribute that defines or distinguishes an entity, concept, or thing.

Psychosocial Development

A theory that divides human growth and development into eight stages, each involving psychological and social conflicts that individuals must resolve to develop essential virtues.