Which of the Following Statements Is True

question 14

Multiple Choice

Which of the following statements is true?

• A)In a futures contract, daily cash flows pass, via the clearing house, between the buyer and seller in response to the mark-to-market process.
• B)In a forward contract, daily cash flows pass, via the clearing house, between the buyer and seller in response to the mark-to-market process.
• C)In a futures contract, daily cash flows pass, via the clearing house, between the buyer and seller in response to the mark-to-book value process.
• D)In a forward contract, daily cash flows pass, via the clearing house, between the buyer and seller in response to the mark-to-book value process.

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Definitions:

Primary Reinforcer

A naturally reinforcing item or outcome, such as food or water, that does not require learning to be desirable.

Aversive Event

An unpleasant or undesirable occurrence that may trigger negative responses or behavior.

Neutral Value

Neutral Value denotes a value or belief that is perceived as neither inherently positive nor negative, but rather impartial or unbiased.

Positive Event

An occurrence that is beneficial, favorable, or advantageous, leading to positive outcomes or feelings.