What is the difference between a goods contract (e.g., retail) from a forward contract? a.The parties pay money at the start for a forward contract but not under a goods contract. b.Under a forward contract neither party pays any money at the start of the contract, but not under a goods contract. c.Under a goods contract neither party pays any money at the start of the contract, but not under a forward contract. d.Under a forward contract and goods contract, neither party pays any money at the start of the contract.

What is the difference between a goods contract (e.g., retail) from a forward contract? a.The parties pay money at the start for a forward contract but not under a goods contract. b.Under a forward contract neither party pays any money at the start of the contract, but not under a goods contract. c.Under a goods contract neither party pays any money at the start of the contract, but not under a forward contract. d.Under a forward contract and goods contract, neither party pays any money at the start of the contract.

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter3: Scarcity, Trade-offs, And Production Possibilities

Section: Chapter Questions

Problem 5P

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