Multiple Choice
Which of the following is not a forward contract?
A) a long-term employment contract at a fixed salary
B) an automobile lease non-cancelable for three years
C) a rain check
D) a signed contract to buy a house in six months
E) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q22: A hedge fund is a very risky
Q39: The trading procedure on the floor of
Q40: There are no futures contracts on the
Q42: Futures contracts are similar to forward contracts
Q43: Very few futures contracts are terminated in
Q46: The minimum price fluctuation is called a
Q47: Trading as both a broker and a
Q48: Most forward contracts are closed by<br>A) delivery<br>B)
Q49: Variation margin is which of the following?<br>A)
Q59: Despite the fact that forward contracts carry