A ...is a standardised contract guaranteed by organised exchanges to deliver and pay for an asset in the future.
A)call option
B)put option
C)forward contract
D)futures contract

Question

Quizplus · Accepted Answer

A futures contract is a standardised contract that guarantees the delivery and payment for an asset in the future. Options (call and put) give the holder the right, but not an obligation, to buy or sell an asset at a predetermined price. A forward contract is similar to a futures contract, but is not traded on an exchange and is customised for specific parties.

A Is a Standardised Contract Guaranteed by Organised Exchanges to Deliver