A Key Characteristic of Futures Contracts That Recommends Their Use

question 98

Multiple Choice

A key characteristic of futures contracts that recommends their use over forwards contracts is:

• A) futures are traded on exchanges and marked-to-market.
• B) futures contracts allow flexibility in delivery dates.
• C) futures are traded in liquid markets and allow netting of positions.
• D) all of the given answers.

Grasp the stages of meiosis and their outcomes on the chromosome number in daughter cells.

Appreciate the importance of chromosome alignment and its outcomes during meiosis.

Understand the process and significance of meiosis in sexual reproduction.

Recognize the stages of meiosis and the key events that occur in each.

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Definitions:

Promissory Estoppel

A legal concept that bars a person from canceling a promise made to someone else if that individual has sensibly relied on the promise to their misfortune.

Contract

A contract between two or more parties that is recognized and enforceable under the law.

Consideration

Something of value that is exchanged between parties in a contract, making the agreement legally binding.

Extra Vacation Week

An additional week of vacation granted beyond the standard allocated time, often as a benefit or reward.