Question
A public, standardized transaction that constitutes a commitment between two parties to transfer the underlying asset at a future date at a price agreed
A public, standardized transaction that constitutes a commitment between two parties to transfer the underlying asset at a future date at a price agreed upon now is BEST characterized as a(n): a. Swap b. Futures contract c. Exchange-traded contingent claim
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
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