1. What is the difference between a long forward position and a short forward position? Ans: When the enters into a long forward contract‚ he/she is agreeing to buy the underlying asset for a certain price at a certain time in future. When the enters into a short forward contract‚ he/she is agreeing to sell the underlying asset for a certain price at a certain time in future. 2. Explain carefully the difference between hedging‚ speculation‚ and arbitrage. Ans: A trader hedges when he/she
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DATA REPRESENTATION CPU uses electronic elements such as switches‚ which are represented in two states i.e.‚ on/off state (high/low state). These two states are indicated as 1 and 0. In other words‚ computer operates only in two digits 1 and 0. Hence‚ our ordinary decimal number system consisting ten digits (0-9) do not suits the data representation of CPU. It works with simple binary system. BINARY NUMBER SYSTEM It uses two symbols or digits i.e. 0 and 1. And all the symbol‚ Arithmetic
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JEAN-JACQUES ROUSSEAU on THE SOCIAL CONTRACT An Analyses Paper In Partial Fulfillment of the Requirements of Philosophy 4: Socio-Political Philosophy; for the Second Semester of the School Year 2013 Saint Louis University Submitted by: ALLAYANS‚ Jy-ar ABRIL‚ Jover ADA-OL‚ Zhareth BAUCAS‚ Stephanie L. NADIAHAN‚ Maureen WACDAGAN‚ Jona MACEDA‚ Janet NANGLEDAN‚ Rescilyn POCOPIO‚ Maydee CORPUZ‚ Anne Bernadette Submitted to: MR. DON G. DE GUZMAN Faculty/ Instructor Department
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Overview‚ Part Two Procurement and Contract Law Procurement Law Overview‚ Part Two Payments under Fixed-Price Construction Contract clause permits the government to partially compensate contractors for supply and services which have been accepted by the Government‚ as long as the contractor demand it and the sum is no less than $1‚000 or 50% of the full contract amount. These interim payments diminish the contractor needs to finance expenses to fulfill the contract. As permitted by the Contracting
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of the king up to the point that they rejected his divine right to rule and believed that he could only rule through consent. The concept of Social Contract‚ which was introduced to the people of France by Jean-Jacques Rousseau in 1762‚ fostered this idea that prompted the people to take action to have more participation in matters of affairs of the state. This paper researches those concepts of Social Contract and investigates how it influenced the Revolution. Thomas
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9. Yes‚ Suzy and Fred have a valid contract. Fred provided an offer to Suzy and Suzy accepted it through phone call in words. However‚ there is one concern for Suzy in this contract. By the time the contract is effective‚ Fred is‚ under 18 years old‚ a minor. If Fred is not married and nor emancipated either‚ he has the legal right to void the contract without being treated as breaching duty. 10. a. Suzy and Wally have a unilateral contract. Suzy made a promise to pay $10‚000 in exchange for Wally
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The common law view of pre-registration contracts was that the company did not exist for legal purposes until it had been formally incorporated (registered). This common law view resulted in company’s being unable to enter a binding contract until they had been registered. However "given the delays which can be encountered in the registration process‚ the promoter of a company may wish to enter into contracts `for’ the company prior to its incorporation" . An example of this may be a promoter
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with the Law of Contract‚ specifically the formation of a contract and the differences between an invitation to treat and a contract. We will investigate each consumers’s specific contract or lack thereof individually and advise Bruce on his legal position. A contract is an agreement between two or more parties which in Scotland does not need to take a specific form‚ as a spoken agreement is still equally as enforceable as a written contract in certain circumstances such as in most social and domestic
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Essential elements of Contracts BUS 670 Legal Environment Instructor: Mark Cohen 09/26/2011 Essential elements of Contracts All contracts share some common elements. A contract starts when an offer is made‚ certain requirements need to be satisfied to ensure the agreement is legal‚ in particular a capacity of parties to contract has to be proven‚ the legal purpose of the agreement and the satisfaction of consideration‚ before the offer is accepted. Contracts have common elements in
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The purpose of a Social Contract is to keep society in order. Ways of keeping society in order are human rights‚ the constitution‚ police departments‚ and education in which all contributes in having a progressing society. Human rights have to be protected which are the first 13 or 14 amendments that’s states people’s rights. If humans didn’t have any rights of their own we would feel enslaved due to that we have no freedom. The Constitution contains laws that every human being has to follow unless
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