Parties to a Futures Contract Can ________ Their Position by Taking

Multiple Choice

Parties to a futures contract can ________ their position by taking an offsetting position in the same contract. For the ________ of a futures contract, this means selling the same number of identical futures contracts; for the ________ of a futures contract, this means buying the same number of identical futures contracts.

A) liquidate; seller; buyer
B) deliver; seller; buyer
C) liquidate; buyer; seller
D) deliver; buyer; seller