Which of the Following Statements Is True

question 13

Multiple Choice

Which of the following statements is true?

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

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Definitions:

Biochemical Make-Up

The unique combination of chemical compounds, including proteins, lipids, carbohydrates, and nucleic acids, that constitutes a living organism.

Cell Structure

The organization of all the components of a cell, including its membrane, cytoplasm, and genetic material, crucial for its functions.

Taxon

A formal taxonomic group at any level (e.g., phylum or genus).

Kingdom

A broad taxonomic category made up of related phyla; many biologists currently assign living organisms to five kingdoms and several “supergroups.”