Which of the following contract terms is not set by the futures exchange?
A)the dates on which delivery can occur
B)the expiration months
C)the price
D)the deliverable commodities
E)the size of the contract

Question

Quizplus · Accepted Answer

The price of futures contracts is not set by the futures exchange; it is determined by market forces of supply and demand in the trading process. The exchange sets standardized terms like delivery dates, expiration months, deliverable commodities, and contract sizes to facilitate trading.

Which of the Following Contract Terms Is Not Set by the Futures