Which of the following statements is an example of a futures market tr

Which of the following statements is an example of a futures market transaction?

A) An executive has a portion of his current year salary deferred until he retires.
B) An investor purchases 100 shares of IBM hoping to sell it in two years for a profit.
C) A company purchases an option to buy 1000 barrels of oil anytime between now and the end
of the year.
D) A company agrees to purchase 1000 barrels of oil for delivery in six months at a price of $70
per barrel.

ANSWER

D