Which of the following statements regarding a forward commitment is FALSE A forward commitment :
A: is a contractual promise.
B: involves an action in the future.
C: is not legally binding and can involve a stock index.
A: is a contractual promise.
B: involves an action in the future.
C: is not legally binding and can involve a stock index.
举一反三
- Which of the following is the advantage of forward contracts comparing to future contracts?
- Which of the following is NOT a characteristic of liabilities?（ ） A: Obligations do not include legal commitment obligations. B: Liabilities arise from transactions or events that have already happened. C: Most liabilities involve an obligation to transfer assets in the future. D: Business is full of uncertainty.
- Which of the following statements regarding early termination of a forward contract is TRUE() A: There is no way to terminate a forward contract early. B: A party who enters into an offsetting contract to terminate has no risk. C: Early termination through an offsetting transaction with the original counterparty eliminates default risk.
- Which of the following is the synonym of “advance” in the phrase “advance the delivery”? A: bring forward B: put forward C: take forward D: lift forward
- Which of the following statements is most accurate() A: Forward contracts require that both parties to the transaction have a high degree of creditworthiness. B: Forward contracts are marked to market daily. C: Futures contracts have more default risk than forward contracts.