Question

Which statement applies to the futures market?

O A. Contracts determine the price and date of deliveries.
B. Contracts are payable only by credit card.
O C. The purchases are free of government control.
D. The purchases are nontransferable.

Answer 1

The answer to ur question is A

Answer 2

The correct answer is A. In the futures market, contracts determine the price and date of deliveries.

Step-by-step explanation:

The futures market is the market in which the parties trade a certain good, be it stocks, currencies or even raw materials, setting its future price independently of any market fluctuation. Thus, for example, if a price of $ 40 is agreed and the market price is $ 35, the price to be paid will be that agreed in the contract. Said price will be obligatory, unless waived by agreement of both parties. Therefore, if one of the parties fails to comply with said price because there is a more convenient price in the market, it incurs legal responsibility.