Which of the following are cash settled
A. All futures contracts
B. All option contracts
C. Futures on commodities
D. Futures on stock indices
D
Futures on stock indices are usually cash settled. The rest are usually settled by delivery of the underlying assets
You might also like to view...
It is unconstitutional for the legislative branch of government to delegate power to the executive branch
Indicate whether the statement is true or false
The division in government power as established by the Constitution is referred to as the:
a. Three Branches b. Executive Privilege c. Stare Decisis d. Legal Separation e. none of the other choices are correct
Green Corporation is a calendar-year taxpayer. All of the stock is owned by Evan. His basis for the stock is $35,000. On March 1 (of a non-leap year), Green Corporation distributes $120,000 to Evan. Determine the tax consequences of the cash distribution to Evan in each of the following independent situations:
The major underlying assumptions of accounting include all of the following except:
A. Legal liability. B. Monetary unit. C. Economic entity. D. Going concern.