If the Purchaser of a Futures Contract Fails to Meet

question 76

Multiple Choice

If the purchaser of a futures contract fails to meet a margin call,

• A) his/her contract will be sold at the current market price.
• B) his/her contract will automatically be executed along with immediate delivery.
• C) their local broker can decide to waive the call.
• D) they will be given a 30-day grace period before payment is required.

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Definitions:

Racial Groups

Categories of humans based on physical characteristics, ancestry, historical affiliation, or shared culture.

Socioeconomic Factors

Aspects related to an individual's economic and social position that influence their health and access to resources.

Mexican American Men

A demographic group referring to men of Mexican descent living in the United States, known for their unique cultural, social, and historical contexts.

Obesity

A medical condition characterized by excessive body fat that presents a risk to health, often defined by a body mass index (BMI) of 30 or higher.