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________ Is an Agreement Between a Buyer and a Seller

Question 7

Multiple Choice

________ is an agreement between a buyer and a seller, in which the ________ agrees to take delivery of something at a specified price at the end of a designated period of time, and the ________ agrees to make delivery of something at a specified price at the end of a designated period of time.


A) An option contract; seller; buyer
B) An option contract; buyer; seller
C) A futures contract; seller; buyer
D) A futures contract; buyer; seller

Correct Answer:

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