A Futures Contract ________

question 44

Multiple Choice

A futures contract ________.

• A) is a contract to be signed in the future by the buyer and the seller of a commodity
• B) is an agreement to buy or sell a specified amount of an asset at a predetermined price on the expiration date of the contract
• C) is an agreement to buy or sell a specified amount of an asset at whatever the spot price happens to be on the expiration date of the contract
• D) gives the buyer the right, but not the obligation, to buy an asset some time in the future

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Definitions:

Mobile Devices

Portable electronic devices such as smartphones and tablets, which allow users to access, store, transmit, and manipulate information.

Personal Health Data

Information related to an individual's health status, medical history, and treatment or intervention outcomes, often used for medical care and research.

Amplitude

In physics, the maximum extent of a vibration or oscillation measured from the position of equilibrium.

EEG

Electroencephalography, a non-invasive procedure that records electrical activity of the brain using electrodes placed on the scalp.