In this paper, Black Scholes’s pricing model was developed to study American option on future contracts of Brent oil. The practical tests of the model show that market priced option contracts as future contracts less than what model did, which mostly represent option contracts with price rather than without price. Moreover, it suggests call option rather than put option. Using t hypothesis test...

these days globalization especially in the capital and property parts has impressed all fields of the law. moving towards private contract in overseas relations and adjusting the volume of standard contracts in relationships maybe largely elapsed the field of international private law. but the truth is that regardless of the main lines of this field of law achieving an agreement which is coveri...

1 end of October. But other media outlets which pride themselves on their commitment to the serious discussion of indigenous issues, such as The Australian and the ABC, have presented a succession of laudatory commentaries on the judgment without examining whether Noongar people really had a sound basis for their native title claim. As an anthropologist who gave evidence in the Single Noongar c...

The paper focuses on financial transactions, addressing over-the-counter (OTC) trading of derivatives, which many analyses of the recent financial crisis argue produced significant problems. This area of financial activity grew massively from the 1990s, facilitated by legal developments in both the US and the UK that ruled out any state regulation of the market whilst at the same time affirming...

Systematic, well-designed research provides the most effective approach to the solution of many problems facing highway administrators and engineers. Often, highway problems are of local interest and can best be studied by highway departments individually or in cooperation with their state universities and others. However, the accelerating growth of highway transportation develops increasingly ...