Which of the Following Are Specifically Stated in Futures Contracts

question 6

Multiple Choice

Which of the following are specifically stated in futures contracts?
I.the quantity of the commodity to be delivered
II.the quality of the commodity to be delivered
III.the exact price at which the commodity must be delivered
V.the time and place at which the commodity must be delivered

• A)I and II only
• B)II and IV only
• C)I, II and III only
• D)I, II and IV only

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