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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Answer:
The formal purpose of such a convention is to select the party's nominee for President, as well as to adopt a statement of party principles and goals known as the platform and adopt the rules for the party's activities, including the presidential nominating process for the next election cycle.
Answer:
The answer is Good Samaritan laws.
Explanation:
Good Samaritan laws refer to the legal protection that people who give significant assistance to people who are injured, ill or incapacitated receive. This protection was created to reduce hesitation related to people who assist others, as well as to reduce these people's fear to be sued for unintentional injury or wrongful death.
Good Samaritan laws are different according to the jurisdiction because each jurisdiction has specific legal principles like consent, parental rights as well as the right to refuse treatment.
