A Tailor-Made Contract with a Price That Is Established Today

question 53

Multiple Choice

A tailor-made contract with a price that is established today for future delivery is called a ___________.

• A)futures contract
• B)forward contract
• C)spot contract
• D)call option

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Definitions:

Dutch Revolt

The 16th-century rebellion in the Netherlands against the Spanish Empire, leading to the independence of the Dutch Republic.

Economic Reasons

The motivations or factors related to financial gains, economic stability, or the pursuit of wealth that influence decisions or policies.

Religious Reasons

Motivations or justifications for actions, policies, or beliefs based on religious faith, doctrines, or interpretations.

Defenestration of Prague

A historical incident in 1618 where two Catholic officials were thrown out of a window in Prague, sparking the Thirty Years' War.