Individuals and Companies Who Enter into Contracts in Order to Reduce

question 23

Multiple Choice

Individuals and companies who enter into contracts in order to reduce risk are known as:

• A)speculators.
• B)hedgers.
• C)dealers.
• D)scalpers.

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Definitions:

U-Shaped Valley

A type of valley formed by the erosive action of glaciers, characterized by its U-shaped cross-section.

Lateral Moraine

A deposit of debris along the sides of a glacier, formed from the accumulation of material eroded from the valley walls.

Terminal Moraine

A terminal moraine is a type of moraine that forms at the end of a glacier, marking the furthest advance of the glacier, and consists of a ridge of debris that was transported and deposited by the ice.

Drumlins

Elongated hills formed by glacial ice acting on underlying debris, oriented in the direction of ice movement.