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.