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Question # 46

A customer who is long a futures contract is said to have which obligation?

Options:

A.

Deliver the commodity at expiration

B.

Accept delivery of the commodity at expiration

C.

Pay the margin interest daily

D.

Pay a premium to the clearinghouse

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Series 3 License Overview

Name Series 3 License
Code Series 3 License
Vendor Finance, Insurance and Real Est
Certification Financial Industry Regulatory Authority (FINRA)

Series 3 License Questions