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medulla medulla
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6 years ago
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.
Textbook 
Introduction to Risk Management and Insurance

Introduction to Risk Management and Insurance


Edition: 10th
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nationalnational
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medulla Author
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Helped a lot
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You make an excellent tutor!
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