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Which of the Following Statements Is True

Question 48

Multiple Choice

Which of the following statements is true?


A) A futures contract is a standardised contract between two parties to deliver and pay for an asset in the future.
B) A futures contract is a non-standardised contract between two parties to deliver and pay for an asset in the future.
C) A futures contract is a standardised contract guaranteed by organised exchanges to deliver and pay for an asset in the future.
D) A futures contract is a non-standardised contract b guaranteed by organised exchanges to deliver and pay for an asset in the future.

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