A Spot Market Allows for the Exchange of Commodities in the ______

question 201

Multiple Choice

A spot market allows for the exchange of commodities in the ______ at prices that are settled upon in the ______.

• A) past; present
• B) present; present
• C) future; present
• D) present; future

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Definitions:

Consequent

In logic, the latter part of a conditional statement, the outcome or result that follows the condition specified in its antecedent.

Antecedent

In logic and grammar, the preceding statement or element that provides the context for a subsequent statement or element.

Proposition

A statement or assertion that expresses a judgment or opinion, or in logic, the content of an assertion that can be true or false.

Standard Form

A recognized format for presenting arguments or statements in a structured and consistent manner.