Identify and Briefly Describe Two Legal Constraints Placed on Pricing

question 60

Essay

Identify and briefly describe two legal constraints placed on pricing.

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Definitions:

Long Data Type

A type of data storage format in programming that allows for the storage of integer numbers larger than those held by standard integer data types.

Comments Field

A field in a database or form that allows users to enter or view remarks or explanations.

Hedge

An investment strategy used to reduce the risk of adverse price movements in an asset.

Financial Risk

The possibility of losing money on an investment or business venture, including the risk of not achieving expected financial returns.