单选题
A legally binding promise to buy 140 oz. of gold two months from now at a price agreed upon today is a(n) :
A、
take-or-pay contract.
B、
forward commitment.
C、
option.
【正确答案】
B
【答案解析】
It is a forward commitment; it may be used to hedge or may be used to speculate on the price of gold in two months.
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