__________ are standardized contracts between two parties to trade financial assets at a future date and in which the terms including the price of the transaction are determined today.
A)Transactions
B)Futures contracts
C)Options
D)Swaps

Question

Quizplus · Accepted Answer

Futures contracts are standardized contracts between two parties to trade financial assets at a future date and in which the terms including the price of the transaction are determined today. Transactions, options, and swaps are all different types of financial contracts but do not fit the given definition.

__________ Are Standardized Contracts Between Two Parties to Trade Financial