Which one of the following attributes does not accurately distinguish forward contracts from future contracts?

Question 7 options:

1)	Forward contracts are typically tailor-made agreements between two parties, rather than being standardised contracts.

2)	Forward contracts typically involve actual delivery of the underlying security or commodity, which can be contrasted with futures contracts which are typically not settled.

3)	In line with the actual delivery associated with forward contracts, forward contracts are not listed on an exchange and are not traded by parties after creation.

4)	As there is no clearing house involved in the management or monitoring of forward contracts, they are not marked-to-market during the life of the contracts.

5)	Creditworthiness of the involved parties is not an important criterion in forward contracts, as there are guarantees of non-default on contracts during their life.