The Buyer of a Futures Contract

question 51

Multiple Choice

The buyer of a futures contract

• A)assumes the short position.
• B)assumes the long position.
• C)may not sell the contract without the permission of the original seller.
• D)has the obligation to deliver the underlying financial instrument at the specified future date.

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Definitions:

Customer Solutions

The process or strategy by which a company provides services or products tailored to meet the specific needs of its customers.

Consultative Selling

A sales approach where the seller acts as an advisor, understanding customers' needs and offering solutions that meet those needs.

Consultative Selling

A sales approach that focuses on building a relationship with the customer, understanding their needs, and offering solutions that meet those needs.

Adaptive Selling

Adaptive selling involves the sales approach being customized or adapted based on the interactions and responses of the customer, allowing for a more personalized service.