Which One of the Following Statements Is True Regarding Futures

Which one of the following statements is true regarding futures contracts?

A) Futures prices are generally set equal to the spot price on the delivery date.
B) Futures contracts generally grant the buyer the option to accept only a portion of the contract.
C) Cost and convenience are the two key considerations when establishing the settlement procedures.
D) The seller of a futures contract has the option to deliver cash in an amount equal to the contract value in lieu of the underlying asset.
E) The buyer and seller of the contract negotiate the price on the maturity date.