For Most Minerals, the Streak Color Obtained When the Mineral

question 26

Multiple Choice

For most minerals, the streak color obtained when the mineral is scratched against a porcelain plate is

• A)only useful if the mineral is softer than porcelain.
• B)more variable than the color in a hand sample among crystals.
• C)not useful because the porcelain will often chemically react with the mineral.
• D)always dark brown or black.

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Definitions:

Basis Risk

Basis Risk is the risk that the price difference between a futures contract and the underlying asset will widen or narrow, impacting hedging strategies.

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The actual price a buyer pays in cash at the time of purchase, as opposed to credit purchase terms.

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An investment made to reduce the risk of adverse price movements in an asset, usually through derivatives like options or futures contracts.