Which of the Following Features Are Shared by Futures Contracts

question 47

Multiple Choice

Which of the following features are shared by futures contracts and options?
I.They have specified expiration dates.
II.Their value is derived from changes in the value of some other asset.
III.Unprofitable futures or options can simply be allowed expire unexercised.
IV.Futures contracts specify the price at which the commodity will be delivered at the expiration date.

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

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Definitions:

Growth Motivation

Refers to the intrinsic drive to achieve self-improvement and personal development.

Personalities

The combination of characteristics or qualities that form an individual's distinctive character, including thought patterns, feelings, and behaviors.

Motive

An internal driving force that causes a person to take action or behave in a certain way.

Drive

An innate, biologically determined urge to attain a goal or satisfy a need.