Every commodity contract specifies all the following EXCEPT
A) the unit size of the contract.
B) the product.
C) the delivery month.
D) All of these are specified in a commodity contract.

Question

Quizplus · Accepted Answer

All of these options (the unit size of the contract, the product, and the delivery month) are indeed specified in a commodity contract. These details are essential for defining the terms of the contract and ensuring both parties understand what is being traded, in what quantity, and when it is to be delivered.

Every Commodity Contract Specifies All the Following EXCEPT