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People often use language that is intentionally vague or unclear. Create a situation in which someone might use vague language intentionally to mislead someone. How might you improve this situation? Finally, comment on the ethical considerations of intentionally using language that is vague or misleading. Is it unethical to use language that is intentionally vague in order to give someone the wrong impression? Are there situations in which intentionally misleading someone is acceptable?
Earnings Volatility
The degree to which a company's earnings fluctuate over time, indicating the variability or risk in its operational performance.
Futures Contract
A legal agreement to buy or sell a particular commodity or financial instrument at a predetermined price at a specified time in the future.
Forward Contract
A financial derivative contract between two parties to buy or sell an asset at a predetermined future date for a price that is agreed upon today.
Contingent Liability
A potential financial obligation that depends on a future event arising from past transactions or events.
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