How are "Speculative Transactions" characterized?

"Speculative Transactions" are characterized by their nature of seeking to profit from fluctuations in market prices. This means that individuals or entities engage in these transactions with the expectation that the price of an asset will change, allowing them to buy low and sell high, or vice versa. Such transactions often involve a higher level of risk because they rely on market conditions, which can be unpredictable.

This definition aligns perfectly with the concept of speculative transactions, which thrive on market volatility and the potential for profit from changes in asset values. These types of transactions are not guaranteed outcomes, nor do they focus solely on chance like wagers, and they do not aim strictly for immediate returns as a fundamental goal. Instead, they rest on the anticipation of market behaviors, making option B the most fitting description.