Our modern futures market originated in the 19th century when farmers began selling contracts to deliver agricultural products at a later time. They did this to attempt to anticipate market needs and to smooth the supply and demand during the off-season. The futures market has changed dramatically since then, in current times the futures market is no longer restricted to…
Tag: Contracts
Futures Trading
All futures contracts are generally made for the purpose of speculation or hedging. As such, the general procedure for settlement is the neutralization of the original contract by an opposite contract on settlement, so that only difference between the current and the contract price is paid or received. It is rare that actual delivery of the goods is taken, and…
Real Estate Investing Is Made More Secure By Using Online Forms And Contracts
Real estate investing is a complicated business and, as everyone involved in this line of work is sure to be aware of, it involves transactions that require certain seemingly inconsequential notices to be printed as well as transference of properties all of which must be documented and recorded as well as filed away. Sometimes, the forms required for different real…
Understanding Insurance Contracts
Almost all of us will have taken out some sort of insurance. Whether it be car insurance, home insurance, health insurance or travel insurance to name just a few, we will all have paid over considerable sums of money to an insurance company in exchange for the peace of mind that comes with knowing that should disaster strike, you are…
Contracts For Your Customers Ink It On Paper
When you’re dealing with customers, sometimes things can go wrong. It might be your fault, it might be their fault or it might be no-one’s fault — but if you didn’t make a contract, then you’ll all suffer. Why Do I Need Contracts? A contract gives you a sound legal base for your business, and some guarantee that you’re going…
Legalities Contracts The Not So Fun Stuff
This year has been my most eye-opening year when it comes to the legalities of running a business. In 2005, I celebrated 20 years in business. I believe up until then I just sailed though when it came to the legal aspects. Oh yes, I did everything the best I could. Don’t get me wrong and I did most things…
Auto Service Contracts 101 The Need To Know Facts
Today, buying car is not just simply buying a car. This is because when a person wants to buy a car, there are many additional services that tag along. One great example of these so-called “extras” is the auto service contract. These auto service contracts are not necessarily required by most car dealers. However, most car buyers are enticed to…