Futures Contracts Differ from Forward Contracts in That ________

question 9

Multiple Choice

Futures contracts differ from forward contracts in that ________.

• A) futures contracts are standardized and performance of each party is guaranteed by the clearinghouse
• B) futures contracts are standardized and require a daily settling of any gains or losses
• C) futures contracts are standardized, performance of each party is guaranteed by a clearing house, and they require a daily settling of any gains or losses
• D) performance is guaranteed by a process known as marking to market

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Definitions:

Habit

A regular practice or routine that is hard to give up, often performed unconsciously.

Power And Influence

The ability of an individual or group to affect or change the behavior, opinions, or course of events.

Change Management

The process, tools, and techniques used to manage the people side of change to achieve a required business outcome.

Energizing Commitment

Stimulating a strong dedication or allegiance towards a goal, project, or cause.