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Which of the following statements is the most correct? Question options: Question 7 options: a . Financial instruments known as derivatives are contracts to buy

Which of the following statements is the most correct?

Question options:

Question $7$ options:

a $.$ Financial instruments known as derivatives are contracts to buy and sell various commodities in the future at a given price.

b $.$ Financial instruments known as derivatives are contracts to buy and sell various financial instruments in the future at a given price.

c $.$ Financial instruments known as derivatives are contracts to buy and sell various commodities or financial instruments in the future at a given price.

d $.$ Financial instruments, known as derivatives, are a form of debt or credit.

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