Legal risk is the risk that the government will declare derivatives illegal.

Name: Legal risk is the risk that the government will declare derivatives illegal.
Brand: Quizplus
Rating: 4.7 (61 reviews)

Question

Quizplus · Accepted Answer

Legal risk refers to the risk of loss due to the unexpected application of law or regulation, including the risk that contracts are not enforceable or that a party faces unexpected regulatory constraints, not specifically to the risk of derivatives being declared illegal.

Legal Risk Is the Risk That the Government Will Declare