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The Two Basic Types of Derivative Instruments Are Futures/forward Contracts

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Essay

The two basic types of derivative instruments are futures/forward contracts and options contracts. Describe these two basic types.


Definitions:

Adoption Laws

Statutory provisions that govern the legal process of adopting a child, establishing the rights and responsibilities of the adoptive parents, and terminating the rights of biological parents.

Relevant Primary Sources

Original materials or documentary evidence directly related to a specific topic or field of inquiry, such as historical documents, legal rulings, or first-hand accounts.

Research Project

A systematic investigation into and study of materials and sources to establish facts and reach new conclusions.

Binding Authority

Refers to the legal precedent or statutes that courts are obligated to follow.

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