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Which of the following best explains what a futures contract is? a. a contract preventing the future sale or exchange of a particular good b. a contract limiting the future liab…

Which of the following best explains what a futures contract is? a. a contract preventing the future sale or exchange of a particular good b. a contract limiting the future liab…
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Which of the following best explains what a futures contract is?

a. a contract preventing the future sale or exchange of a particular good
b. a contract limiting the future liability of one set of partners if a business fails
c. a contract setting the price for the exchange of two foreign currencies
d. a contract setting the price and date for a commodity purchase

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User Heb
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1 Answer

2 votes

Answer:

d. a contract setting the price and date for a commodity purchase

answered
User Don Tomato
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