Which of the Following Statements Is True

question 48

Multiple Choice

Which of the following statements is true?

• A)A futures contract is a standardised contract between two parties to deliver and pay for an asset in the future.
• B)A futures contract is a non-standardised contract between two parties to deliver and pay for an asset in the future.
• C)A futures contract is a standardised contract guaranteed by organised exchanges to deliver and pay for an asset in the future.
• D)A futures contract is a non-standardised contract b guaranteed by organised exchanges to deliver and pay for an asset in the future.

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Definitions:

User Fees

User Fees are charges paid by the individuals who use a specific service or facility, contributing to the cost of providing that service.

Medical Treatment

Intervention by healthcare professionals to manage or cure a disease, disorder, or injury.

Export Promotion Strategy

A governmental or organizational policy aimed at encouraging and supporting firms to sell their products or services abroad.

Comparative Advantage

The ability of an entity to produce a good or offer a service at a lower opportunity cost than its competitors, leading to more efficient trading opportunities.