Derivatives may be described as:
A) Executed contracts
B) Promissory notes
C) Common shares
D) Executory contracts

Name: Derivatives may be described as: A) Executed contracts B) Promissory notes C) Common shares D) Executory contracts
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Question

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Derivatives are contracts that derive their value from an underlying asset or security. They are classified as executory contracts because they are not settled immediately and require future execution or performance.

Derivatives May Be Described As