One distinction between futures and options contracts is that ________ to an option contract ________ to transact at a later date.

Name: One distinction between futures and options contracts is that ________ to an option contract ________ to transact at a later date.
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Question

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In an option contract, the buyer has the right but not the obligation to execute the contract, while the seller is obligated if the buyer chooses to do so. Futures contracts obligate both parties to transact.

One Distinction Between Futures and Options Contracts Is That ________