The Terms of Futures Contracts Traded in the United States

question 86

Multiple Choice

The terms of futures contracts traded in the United States are

• A)standardized as to amount or value, but not as to location or time of delivery.
• B)standardized as to location or time of delivery, but not as to amount or value.
• C)not standardized, but are determined entirely on the basis of the agreement entered into by the buyer and seller.
• D)standardized as to amount or value and as to location or time of delivery.

---

Definitions:

Backpay

Compensation for wages lost due to wrongful termination or other employment disputes.

Personal Email Addresses

Individual electronic mail address accounts not related to employment, used for private communication.

Election Date

The specific day designated for the conduct of voting, commonly used in the context of political elections or union representations.

Acceptable Behavior

The range of actions considered appropriate and permissible within a social or professional context.