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Id. Indeed, the Fifth Circuit noted that none of the previous cases dealing with section 546 (e) explicitly stated that an agreement must contain a fixed quantity term.
He described crypto as a "limited supply of nothing," referring to the fixed quantity that some coins have, including bitcoin 's 21 million token cap — though others have no such limit.
Break-even revenue equals fixed costs divided by contribution margin ratio, which equals contribution margin divided by total revenue. The contribution margin is equal to the difference between ...