The advantage of forward contracts over future contracts is that they
A)are standardized.
B)have lower default risk.
C)are more liquid.
D)are more flexible

Name: The advantage of forward contracts over future contracts is that they A)are standardized. B)have lower default risk. C)are more liquid. D)are more flexible
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Question

Quizplus · Accepted Answer

Forward contracts are more flexible because they can be customized to meet the specific needs of the parties involved, unlike futures contracts which are standardized.

The Advantage of Forward Contracts Over Future Contracts Is That