The futures price and the spot price must be equal

A. when the contract is sold.
B. when the contract is bought.
C. when the contract is canceled.
D. when the contract expires.


Answer: D

Business

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The societal marketing concept considers society's long-term best interests along with the satisfaction of customers' wants and needs.

Answer the following statement true (T) or false (F)

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When a Motorola executive said "That evaluation is …. perhaps the most cost-effective, value-added business consultation available anywhere in the world today" he was referring to a. ISO 9000 standards

b. the Six Sigma philosophy. c. Deming's 14 Points. d. the Malcolm Baldrige Quality Award.

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Income Statements are also known as profit and loss statements

Indicate whether the statement is true or false.

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