Which of the following is incorrect about futures contracts:
None of the answers.
"A futures contract is a contract to buy or sell an agreed quantity of a particular item, at an agreed price, on a specific date"
The loss on a futures contract is limited to the amount paid for the contract.
Futures contracts can be traded on an exchange.

Answer rating: 100% (QA)

Futures contracts can be traded on an exchange is incorrect ... View the full answer