The terms of futures contracts __________ standardized, and the terms of forward contracts __________ standardized.
A) are; are
B) are not; are
C) are; are not
D) are not; are not
E) are; may or may not be

Question

Quizplus · Accepted Answer

Futures contracts are standardized to facilitate trading on futures exchanges, while forward contracts are customized agreements between two parties, hence not standardized.

The Terms of Futures Contracts __________ Standardized, and the Terms