They are expressed as executive orders. The president can make these for other things too like limiting immigration or making treaties with foreign nations. They can be deemed unconstitutional and abolished by the supreme court, but they don't need the approval of the congress.
Answer:
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Explanation:
The benefit of standardizing futures contracts is increased liquidity because all traders must trade a small number of similar contracts.
For the purpose of facilitating trading on a futures market, futures contracts are standardized for both quality and quantity. When purchasing a futures contract, the buyer assumes the responsibility for purchasing and receiving the underlying asset upon contract expiration.
The final trading day of a futures contract is known as expiration. Final settlement and delivery of a futures contract are carried out in accordance with the guidelines outlined by the exchange in the contract specifications document after the contract has expired.
In order to meet its short-term obligations or liabilities, a corporation must have the capacity to convert its assets into cash.
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