An Agent Cannot Bind the Principal in a Contract with a Third

question 154

True/False

An agent cannot bind the principal in a contract with a third party unless there is an agency contract between the principal and the agent.

Understand the principles of arbitrage in the context of futures pricing and interest rate parity.

Learn about the importance and impact of correlation among different financial indices.

Understand covered interest arbitrage, its implications for interest rate parity, and its effects on currency futures pricing.

Identify and calculate the protective measures and hedge ratios applicable in risk management contexts.

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