Q.
1
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A
The position of owning a good that one plans to sell in the future, the position of expecting to purchase the good in the future
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B
The parties agree to trade at a specified time in the future, at a price set now; a derivative involves only payments of money, with no delivery of any commodity or assets
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C
The parties agree to trade at a future time, at a price to be decided in future ; a derivative involves payments at a future specified time along with physical delivery of any commodity or asset
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D
The parties agree to trade