Utme 2018 Commerce Question 2

Practice objective / multiple choice question 2 from the 2018 Utme Commerce examination. This question covers Commerce .

Utme 2018 Commerce Objective / Multiple Choice 2 Difficulty
Topic: Commerce
Question 2 UTME • 2018 • COMMERCE • objective

The payment made by a speculator to the buyer when he is unable to deliver stocks on the agreed date is

Answer Options

Correct Answer A. backwardation
B. Franco
C. arbitrage
D. contango
Correct Answer
A
Correct Option:
backwardation

About This Question

This is Utme 2018 Commerce Question 2. It is one of the objective questions from the 2018 Utme Commerce examination.

The question covers Commerce .

Difficulty level: 2 .

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support