22-8 Forward contracts are individually negotiated and,therefore,can be unique.

Question

Quizplus · Accepted Answer

Forward contracts are private agreements between two parties, so they can be customized to fit their specific needs and requirements. This means that each forward contract can be unique, depending on the terms agreed upon by the parties involved. Therefore, the statement "Forward contracts are individually negotiated and, therefore, can be unique" is true.

22-8 Forward Contracts Are Individually Negotiated And,therefore,can Be Unique