A(n) ________ contract creates the right—but not the obligation—to buy or sell a specific amount of a commodity at a fixed price within an agreed-upon period of time
A. forward
B. spot
C. future
D. option
D
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The total amount of simple interest calculated annually on a $6,000 note payable for 3 years at 11% is
a. $1,980 b. $2,205 c. $6,600 d. $7,980
The starting point in developing a budget based on zero-based budgeting is _____
a. last year's budget b. zero c. a competitor's budget d. the budgeted expense amount that maximizes profits
Lily’s team has been working together for several weeks but is not getting anything accomplished as team members try to make the team do what they want to do. The team is at the ______ stage of group formation.
A. storming B. norming C. forming D. adjourning
ROME provides a rough estimate of what a project costs before the actual project has started
Indicate whether the statement is true or false