Arbitrage Is the Act of Simultaneously Buying and Selling in Two

question 58

True/False

Arbitrage is the act of simultaneously buying and selling in two markets to take advantage of price differentials.

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Definitions:

Voidable Contract

A contract that may be voided or canceled by one of the parties.

Statute of Frauds

A legal doctrine that requires certain types of contracts to be in writing and signed by the party to be charged, to be enforceable.

Writing

The process of using symbols, such as letters, to communicate thoughts and ideas in a readable form.

Enforceable

Capable of being imposed or implemented legally, such as a contract or rule.