Sicp Exercise 2.38

Exercise 2.38.  The accumulate procedure is also known as fold-right, because it combines the first element of the sequence with the result of combining all the elements to the right. There is also a fold-left, which is similar to fold-right, except that it combines elements working in the opposite direction:

(define (fold-left op initial sequence)
(define (iter result rest)
(if (null? rest)
result
(iter (op result (car rest))
(cdr rest))))
(iter initial sequence))

What are the values of

(fold-right / 1 (list 1 2 3))
(fold-left / 1 (list 1 2 3))
(fold-right list nil (list 1 2 3))
(fold-left list nil (list 1 2 3))

Give a property that op should satisfy to guarantee that fold-right and fold-left will produce the same values for any sequence.