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You just got hired to do accounting for Starlight Espresso,which is a boutique coffee production company.The owner approaches you and says that he's concerned about the crops this year,because he heard that many of them could be ruined because of a disease affecting the shrubs this year.If the supply is limited,he fears prices will go up; however,he said a friend of his told him he should look into futures contracts.He would like you to find out if this can help save the company money,and also explain to him what a futures contract is.Eager to impress the owner,you decide to put your accounting research skills to use.How would you approach the first two steps of the research process given the information in this problem?
Mediated Agreements
Mediated Agreements are resolutions reached through the involving a neutral third party, known as a mediator, who helps disputing parties find a mutually acceptable solution.
Pornographic Movies
Films that depict sexual content intended to arouse viewers, often restricted to adults.
License Fee
A payment made by an individual or entity for the right to use a product, service, or intellectual property, typically software or media.
Municipal Council
The elected governing body of a municipality responsible for local decision-making and administration.
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