问题
单项选择题
A forward contract that must be settled by a sale of an asset by one party to the other party is termed a :
A．
| A. physicals-only contract. |
B．
| B. deliverable forward contract. |
C．
| C. take-and-pay contract. |
答案
参考答案：B
解析：A deliverable forward contract can be settled at expiration only by actual delivery of the asset in exchange for the contract value. The other terms are made up.