The Major Advantage of the Forward Market Is Risk Reduction

question 5

True/False

The major advantage of the forward market is risk reduction.

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Definitions:

Utilitarian

Pertains to the ethical doctrine that actions are right if they are useful or for the benefit of a majority.

Poverty

A socio-economic condition characterized by a lack of financial resources or means of subsistence, leading to inadequate access to basic needs such as food, water, and shelter.

Consequences

The results or effects that follow an action or decision.

Rightness

The quality of being morally correct, just, or honorable, often used to describe actions or decisions that conform to moral or ethical principles.