Which of the following statements are true about futures contracts? Check all that apply:

They are an agreement to buy or sell a specified amount of an asset at a specified date and for an agreed-upon price.

They gives the buyer a right but not an obligation to buy a specified amount of an asset at a specified date and price.

They eliminate both price risk and credit (default) risk.

They are daily marked to market. Both parties (buyer and seller) are protected from future price fluctuations of the asset.