Question 3 (1 point)

A market order

Question 3 options:

	Is an order to trade up to a certain number of futures contracts at a certain price
	Is an order that can be executed at a specified price or one more favorable to the investor
	Is an order that must be executed immediately at the best available price
	None of the above

Question 4 (1 point)

Which of the following statement is FALSE regarding the difference between options and futures?

Question 4 options:

	Both the buyer and seller in an option contract have obligation to fulfill the contract, while for futures only the seller has the obligation.
	Option contract has some initial value when entered, but futures worth zero when it is first negotiated.
	Typically buying one futures contract requires much more money than buying one option contract.
	None of the above.