A successful executive, who is happy with her current position, does not look for information about other jobs, but might be tempted by a great opportunity is a(n) ________

A joint venturer is not personally liable for the debts and obligations of the joint venture partnership

Indicate whether the statement is true or false

What is the essential difference between an option and a futures contract?

A) An option transaction occurs now, while a futures contract takes place in the future. B) An option transaction is a right to transact for the option holder, while a futures contract is an obligation to transact in the future. C) An option transaction is not standardized, while a futures contract is standardized. D) An option transaction deals with financial assets, while a futures contract deals with commodities.