_____ Concerning FX Forwards, Which of the Following Statements Is

_____ Concerning FX forwards, which of the following statements is false?

A) They are executory in nature.
B) When buying a foreign currency, a liability to the FX trader is created at the inception of the contract which must be recorded in the g/l.
C) When selling a foreign currency, the seller must always make delivery of the foreign currency to the FX trader.
D) They are customizable as to both duration and the quantity of currency.
E) None of the above.