Examlex
Frank is daydreaming in class and doesn't hear what the instructor is saying until his name is called. This is an example of_________ .
Profit
The financial gain achieved when the amount earned from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.
Futures Contracts
Standardized legal agreements to buy or sell something at a predetermined future date and price, often used for hedging or speculation purposes.
Highly Marketable Securities
Securities that can be easily sold or converted into cash quickly without a significant loss in value.
Treasury Bills
Short-term government securities with maturities of one year or less, sold at a discount from their face value.
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