A person who agrees to buy an asset at a future date is going
A)long.
B)short.
C)back.
D)ahead.

Name: A person who agrees to buy an asset at a future date is going A)long. B)short. C)back. D)ahead.
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Question

Quizplus · Accepted Answer

When a person agrees to buy an asset at a future date, it means they are betting that the price of that asset will increase. This is known as "going long" on the asset. Therefore, the best choice is A) long.

A Person Who Agrees to Buy an Asset at a Future