2. Futures contracts differ from forward contracts in that: a) Futures contracts are standardized with respect to size and maturity; forward contracts are not standardized. b) Futures contracts are traded on organized exchanges; forward contracts are traded over- the-counter. c) A clearinghouse guarantees performance on futures contracts; forward contracts are exposed to counterparty risk. d) Exactly two of a), b), and c) are correct. e) All of a), b), and c) are correct