Ask Question
15 July, 10:33

Which of the following best explains why commodity futures contracts are transferable

+2
Answers (1)
  1. 15 July, 10:52
    0
    The reason why commodity futures contracts are transferable is: They can be bought and sold but the obligation in the contract remains valid.

    Commodity futures contract is an agreement to buy or sell a specific asset at a specific price somewhere in the future.

    This contract does not specify the name of the person who should buys the asset, so it could be transferable as long as the exchange is still fuiflled.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which of the following best explains why commodity futures contracts are transferable ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers