The questions has a set of four sentences marked A to D. Identify the arrangement of these sentences which makes a logical sequence. (A) When the future date arrives, the hear expects to buy in at a lower price deliver the stock that had been sold under the future contract at a higher price. (B) A market in which prices are falling or are expected to fall is called by economists a bear market. (C) Likewise, the term bear can be applied to a person who expects stock prices to fall and sells stock that he or she does not have for delivery at a future date. (D) It is a designation commonly used in securities markets and commodity markets and is the opposite of a bull market.