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When a Counterparty to a Futures Contract Fails to Perform

Question 9

Multiple Choice

When a counterparty to a futures contract fails to perform under the contract,


A) The futures exchange informs the party on the other side of the amount of loss they will bear.
B) The futures exchange bears the loss,
C) The futures exchange sues the failed counterparty.
D) The futures exchange replaces the failed counterparty with a solvent one.

Correct Answer:

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