A Forward Contract

question 45

Multiple Choice

A forward contract

• A)is marked to market.
• B)has significant default risk.
• C)is standardized.
• D)is traded over the counter.
• E)is highly liquid.

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Definitions:

Feelings

subjective experiences of emotions, often described as what it is like internally to experience an emotion.

Central Moral Issue

The primary ethical or moral dilemma that is at the heart of a situation or problem.

Family

A social unit consisting of parents and their children, extended kin, or other individuals related by blood, marriage, or adoption.

Society

A community of people living together in a more or less ordered community, sharing habits, laws, and organizations.