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a definite proposal or undertaking made by one person to another which manifests willingness to enter into a bargain. Elements of an offer. communication, intent, definiteness. Study with Quizlet and memorize flashcards containing terms like Criminal Law, 4 Purposes of Criminal Law, Crime and more.
false. Contracts are the agreements beween two or more parties that create obligations. true. An offer made to one person can be accepted by another. false. All serious agreements are contacts. false. if offeree has given nothing of value in exchange, merchants who makes firm offer may not revoke. true.
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29 Σεπ 2020 · What is a Perfect Hedge? In finance, a perfect hedge is an investing strategy intended to protect an investment or portfolio against all losses. It usually involves securities that move in the opposite direction than the asset being protected. How Does a Perfect Hedge Work?
(a) In perfect markets and for given operational cash flows, hedging is irrelevant because by making private transactions in the money and foreign exchange markets, the shareholders can eliminate the risk of the cash flows.
28 Μαρ 2023 · What Is a Perfect Hedge? A perfect hedge is a position that eliminates the risk of an existing position or one that eliminates all market risk from a portfolio.
The academic debate on the merits of hedging has identified five main theoretical rationales for corporate hedging: to minimize corporate tax liability; to reduce the expected costs of financial distress; to ameliorate conflicts of interest between shareholders and bond-holders; to improve co-ordination between financing and investment policy;
