Examlex
Options with payoffs in real goods, as opposed to asset prices are known as _______.
Enabling Legislation
Laws that provide the necessary authority for an entity or agency to carry out its powers and duties.
Discretionary Powers
The authority granted to an official or a body to act according to their own judgment and conscience in certain situations.
Informal Powers
Powers not explicitly stated in laws or regulations but exercised by individuals or institutions through influence, negotiation, or personal authority.
Regulated Industries
Sectors under the direct control and rules of governmental agencies to ensure safety, fairness, and compliance.
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