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.
B
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In contrast to the hierarchy of needs theory, ERG theory suggests that
a. no more than one need may be working at one time. b. lower-level needs must be satisfied before higher-level needs. c. more than one need may be working at the same time. d. ERG is less consistent with our knowledge of individual differences than other needs theories. e. interpersonal relationships are the most pressing need to be satisfied.
Reusing software can:
A) increase the cost of software development. B) decrease development time. C) increase development time. D) increase schedule overruns. E) decrease programmer productivity.