Which of the following is not a forward contract?
A) a long-term employment contract at a fixed salary
B) an automobile lease non-cancelable for three years
C) a rain check
D) a signed contract to buy a house in six months
E) none of the above
Correct Answer:
Verified
Q16: Trading as both a broker and a
Q17: If the initial margin is $5,000, the
Q18: The trading procedure on the floor of
Q19: Which of the following is not a
Q21: This financial instrument (sometimes referred to as
Q22: Many futures contracts specify that there are
Q23: A limit move is when a futures
Q25: The following process is the only type
Q32: What are circuit breakers?
A)rules that stop trading
Q33: A futures contract covers 5000 pounds with
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