Several Types of Futures Contracts Are Available to Hedge Against

question 48

True/False

Several types of futures contracts are available to hedge against price changes in such items as gold,agricultural products,and so forth.

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Definitions:

Eminent Domain

The authority of a government to take private property for public purposes, provided the owner is compensated.

Private Property

Land or belongings owned by individuals or corporations rather than by the government or community.

Public Use

The concept that property or services are available for use by the general public, often justifying government action such as eminent domain.

Restrictive Covenant

refers to clauses in contracts that limit one party from engaging in certain activities that could compete with or harm the other party, often found in employment and real estate agreements.