Which of the following is a necessary condition for a contract to be considered valid?
A) It cannot be enforced by just one of the parties involved.
B) It is enforceable by at least one of the parties.
C) It can be voided by one of the parties.
D) It can be voided by both parties.
B
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You're the purchasing manager for a large trucking company. You're planning for the December peak in deliveries. You estimate you'll need 100,000 gallons of diesel fuel for the month. Which of the following will hedge your risk of oil prices rising between now and December 1?
a) Enter into a physical delivery forward contract today to purchase 100,000 gallons of diesel oil on December 1 at $3.15/gallon b) Enter into a physical delivery forward contract today to sell 100,000 gallons of diesel oil on December 1 at $3.15/gallon c) Enter into a cash settled forward contract today to purchase 100,000 gallons of diesel oil on December 1 at $3.15/gallon d) Enter into a cash settled forward contract today to sell 100,000 gallons of diesel oil on December 1 at $3.15/gallon
Analytics integration with other organizational systems makes it harder to identify its impact on the organization
Indicate whether the statement is true or false