Which of the following is false?
A)Agriculture futures predate financial futures.
B)Futures agreements confer rights but no obligations.
C)Futures agreements confer rights and obligations.
D)Options confer rights but no obligations.

Question

Quizplus · Accepted Answer

Futures agreements confer both rights and obligations on the parties involved. The buyer is obligated to purchase, and the seller is obligated to sell the underlying asset at a predetermined price at a specified future date. This contrasts with options, which confer rights but no obligations on the buyer.

Which of the Following Is False