The Courts Have Recognized the Need for Exceptions to a Search

question 14

Short Answer

The courts have recognized the need for exceptions to a search warrant where __________ is involved,as in the case with automobiles.

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Definitions:

Forward Contract

A financial agreement to buy or sell an asset at a future date at a price established at the outset, used to hedge against price fluctuations.

Spot Rate

The current market price at which a currency can be bought or sold for immediate delivery and payment.

Forward Rate

A financial term describing the agreed-upon exchange rate for currencies to be exchanged at a future date between parties.

Foreign Exchange Gain

A profit arising from the increase in value of one currency against another.