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Hedging Involves the Simultaneous Purchase and Sale of Currency Contracts

question 60

True/False

Hedging involves the simultaneous purchase and sale of currency contracts in two markets.


Definitions:

Statutory Law

The assortment of rules and regulations put forth by legislatures.

Governing Authority

The organization, body, or individual that has the power to make and enforce rules, laws, and regulations within a specified jurisdiction.

Organized Society

A structured group of individuals governed by established laws, norms, and institutions.

Business Law

The branch of law that deals with the rights, relations, and conduct of persons and businesses engaged in commerce, merchandising, trade, and sales.

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