The Primary Difference Between a Futures Contract and a Forward

question 5

Multiple Choice

The primary difference between a futures contract and a forward contract is:

• A)standardization
• B)futures contracts may only be purchased from banks
• C)forward contracts are not available in the U.S.
• D)a futures contract must be held to maturity

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Definitions:

Phonemes

The least sound component in a language capable of distinguishing one word from another.

Visual Acuity

The clarity or sharpness of vision, which is a measure of the eye's ability to distinguish details and shapes.

Specialized Functions

A term referring to specific tasks or roles performed by parts of an organism, system, or device designed for particular purposes.

Proximal Care

Nurturing practices that involve close physical and emotional contact between caregivers and infants.