16. In the derivative markets, the seller of a forward contract:

Select one: a.Agrees to deliver a product at a future date if the price on that future date is lower than a pre-specified price. b.Agrees to receive a product at a future date at the price on that future date. c.Agrees to receive a product at a future date at a pre-specified price. d.Agrees to deliver a product at a future date at a pre-specified price. e.Agrees to deliver a product at a future date for a price set on that future date.