Multiple Choice
Which of the following observations is true of futures contracts?
A) They are contracted through a dealer,usually a bank.
B) They are customized to meet contracting company's terms and needs.
C) Future contracts typically do not require a margin deposit.
D) Future contracts are traded on an exchange and acquired through an exchange broker.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: On December 1,20X8,Winston Corporation acquired 10 deep
Q2: Myway Company sold equipment to a Canadian
Q3: Spiraling crude oil prices prompted AMAR Company
Q4: Spiraling crude oil prices prompted AMAR Company
Q5: Upon arrival in Chile,Karen exchanged $1,000 of
Q7: On December 1,20X8,Denizen Corporation entered into a
Q8: Taste Bits Inc.purchased chocolates from Switzerland for
Q9: Company X denominated a December 1,20X9,purchase of
Q10: Taste Bits Inc.purchased chocolates from Switzerland for
Q11: On December 1,20X8,Merry Corporation acquired 10 deep