An Example of a Person Who Has Standing to Sue

question 60

Multiple Choice

An example of a person who has standing to sue is

• A) a retailer who will lose business next year because of an unfulfilled advertising contract.
• B) the adult daughter of a man who suffered food poisoning at a restaurant.
• C) a woman who was upset when a friend's dog was killed by a reckless driver.
• D) a homeowner who thinks a neighbor intends to let his property become an eyesore.

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Definitions:

Contract Size

The deliverable quantity of commodities or financial instruments specified in a contract that an investor agrees to buy or sell.

Hedge Strategy

Investment strategies designed to reduce the potential for loss in an investment portfolio by making counterbalancing investments or using financial instruments like options and futures.

Short Corn Futures

A financial contract obligating the seller to deliver corn at a future date, typically used to hedge or speculate on falling corn prices.

Shorting Index Futures

The practice of selling index futures contracts with the expectation that the underlying index will decline in value, aiming to profit from the decrease.