A one-year forward contract is an agreement where

A、One side has the right to buy an asset for a certain price in one year’s time.

B、One side has the obligation to buy an asset for a certain price in one year’s time.

C、One side has the obligation to buy an asset for a certain price at some time during the next year.

D、One side has the obligation to buy an asset for the market price in one year’s time.