When There Is a Mutual Mistake of Value,the Contract Remains

question 8

True/False

When there is a mutual mistake of value,the contract remains enforceable by either party because the identity of the subject matter of the contract is not at issue.

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Definitions:

Net Return

The profit or loss from an investment after all expenses, including taxes, fees, and costs, have been subtracted.

Market Neutral

An investment strategy aiming to achieve returns independent of the overall market direction by simultaneously buying assets expected to rise and shorting assets expected to fall.

Beta

Beta is a measure of a stock's volatility in relation to the overall market; the market itself has a beta of 1.0, and individual stocks are ranked according to how much they deviate from the market.

Derivative Strategies

Derivative strategies involve using financial instruments, such as futures, options, and swaps, to hedge against market risks or to speculate for profit.