Which of the Following Is Not a Type of Futures

question 8

Multiple Choice

Which of the following is not a type of futures trader?

• A) scalpers
• B) arbitrageurs
• C) profit-takers
• D) hedgers
• E) day traders

---

Definitions:

Personal Defenses

Legal arguments that an individual can use to avoid enforcement of a contract or document due to personal circumstances, such as fraud, duress, or incapacity.

Restrictive Indorsement

An endorsement on a negotiable instrument (like a check) that limits the way the instrument can be used or further negotiated.

Indorsement Purpose

The reason or intention behind endorsing a document, such as transferring rights or specifying conditions.

Discounts

Reductions in price given to customers, often used as a sales promotion technique.