Question: The key difference between a forward market and a futures market involves a. timing of delivery. b. commodities that can be traded as futures or

The key difference between a forward market and a futures market involves

a. timing of delivery.

b. commodities that can be traded as futures or forwards.

c. standardization of futures contracts.

d. standardization of forward contracts.

e. the prices at which delivery can be made and taken.

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