Ferdinand Toennies Referred to Communities Characterized by Small Populations,less Complex

question 26

Multiple Choice

Ferdinand Toennies referred to communities characterized by small populations,less complex division of labor,and face-to-face interactions as __________.

• A)gesellschaft
• B)gemeinschaft
• C)gothschaft
• D)gesundheit

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Definitions:

Fair Value Hedge

A hedge of the exposure to changes in the fair value of an asset or liability, or an unrecognized firm commitment, that is attributable to a particular risk.

Thailand Bahts

The currency of Thailand, used as the standard monetary unit in the country.

Put Option

A financial contract that gives the holder the right, but not the obligation, to sell a specified amount of an underlying asset at a predetermined price within a specified time frame.

Fair Hedge

A financial strategy used to reduce risk by taking offsetting positions in a security and its derivative, ensuring gains in one offset losses in the other.