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Whats the exact difference between futures and forward contracts ?
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futures are marketable and can be bought or sold any time till the settlement date so terms and conditions are standard.Third party is involved naming clearing house for making transaction more secure.
on the other hand forwards are agreement between two parties so term and conditions are tailor made and not rigid both depend on mutual understanding of parties. normally, they are settled at settlement date.
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Select TWO court cases (from different chapters) from the list below, and respond in writing to the case questions. Kellar v. Summit Seating (Ch 12, p 426)Maestas v. Day & Zimmerman LLC (Ch 12, p 436)Vehar v. Cole National Group (Ch 12, p 449)Helton v. AT&T (Ch 13, p 463)Battoni v. IBEW Local Union No. 102 Employee Pension Plan (Ch 13, p 470)Tussey v. ABB, Inc. (Ch 13, p 478)MasTec Advanced Technologies (Ch 14, p 500)National Labor Relations Board v. RELCO Locomotives (Ch 14, p 512)NLRB v. Whitesell Corp. (Ch 15, p 529)
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