A Core Belief in the Need to Force People to Behave

question 85

Multiple Choice

A core belief in the need to force people to behave properly through the use of restrictive regulations was the foundation of the philosophy of

• A)Confucianism.
• B)Legalism.
• C)Daoism.
• D)Tangism.
• E)Huangism.

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Definitions:

Forward Contract

An agreement to buy or sell an asset at a future date for a price agreed upon today.

Spot Rate

Refers to the immediate exchange rate at which one currency can be exchanged for another without any delay.

Fair Value Hedge

A type of hedge that is used to mitigate the risk of changes in the fair value of an asset or liability or an identified portion of such an asset or liability.

Forward Contract

A financial derivative that represents a customized agreement to buy or sell an asset at an agreed-upon price on a specific future date.