The Seller of a Futures Contract

question 78

Multiple Choice

The seller of a futures contract

• A) has the option of canceling the contract the following day if the price is not acceptable to him/her.
• B) is legally bound to make delivery of the specified item on the specified day.
• C) receives the entire contract amount at the time the contract is made.
• D) must make delivery before receiving any monies on the contract.

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Definitions:

Sex Partners

Sex partners refer to individuals who engage in sexual activities with each other.

Median

A statistical measure representing the middle value in a data set, where half the numbers are above and half are below.

Standard Deviation

A metric indicating the degree of spread or variability among values in a collection.

Variation

The occurrence of an organism, trait, or gene in more than one form, leading to diversity within a population.