4045EconomicsMedium
A difference between forward and futures contracts is that?
Afutures contracts involve no brokerage fees or other transactions costs
Bforward contracts can be tailored in amount and delivery date to the need of importers of exporters
Cforward contracts occur in a specific locations-for example, the Chicago Mercantile Exchange
Dfutures contracts have negotiable delivery dates
Correct answer
B. forward contracts can be tailored in amount and delivery date to the need of importers of exporters
Explanation
The correct answer is forward contracts can be tailored in amount and delivery date to the need of importers of exporters.