Asked by Ma Michelle Sison on Jul 21, 2024
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Some of the newer futures contracts includeI) fashion futures.II) weather futures.III) electricity futures.IV) entertainment futures.
A) I and II
B) II and III
C) III and IV
D) I, II, and III
E) I, III, and IV
Electricity Futures
Financial contracts obligating the buyer to purchase, and the seller to sell, a specified amount of electricity at a predetermined price and future date.
Weather Futures
Financial contracts that allow market participants to hedge against or speculate on weather events, such as temperature or precipitation levels.
Fashion Futures
Fashion Futures is a term that can refer to the exploration of future trends, innovations, and sustainability practices within the fashion industry, focusing on long-term design and production strategies.
- Identify the diverse types of futures contracts, including financial and commodity futures.
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Learning Objectives
- Identify the diverse types of futures contracts, including financial and commodity futures.
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