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Which of the following statements is NOT true about a futures contract? A. The contract is simply ...
Which of the following statements is NOT true about a futures contract? A. The contract is simply a deferred-delivery sale B. Buyers and sellers do not have to rely on a chance matching of their interests. C. Money must change hands prior to the delivery date of the commodity. D. Each party must be willing to lock in the ultimate price for delivery of the commodity.