Transaction exposure deals with cash flows that result from existing contractual obligations.
The degree of uncertainty that businesses engaged in international trade must deal with is known as transaction exposure. It is also known as translation exposure or translation risk .
It is specifically the risk that exchange rates will change after a company has already committed to a financial obligation. These foreign enterprises are extremely vulnerable to changing exchange rates, which can result in significant capital losses.
Transaction exposure often carries only one side of the risk. The only company that might experience this vulnerability is one that completes a transaction in a foreign currency.
To learn more about transaction exposure click here :
brainly.com/question/27961879
#SPJ4
The Supreme Court decision in Miranda v. Arizona, 384 US 436 (1966) required (for the first time) that someone accused of a crime be informed of his or her constitutional rights prior to interrogation. This protected the rights of the accused, or the defendant, in two new ways: 1) It educated the person about relevant constitutional rights; and 2) It inhibited law enforcement officials from infringing those rights by applying the Exclusionary Rule to any testimony/incriminating statements the defendant made unless he intentionally waived his rights.
