Questions

The main difference lies in the motive of the two parties. The main motive of the hedger is to hedge(minimize) the risk from the occurence of some events. 

The motive of the speculator is to gamble in the market in order to make the profit by buying/selling the derivative products.

It is statement of balances of all the accounts in the ledger prepared to prove the arithmetical accuracy of the books of accounts.

A trial Balance is a list of Debit and Credit or a list of Debit & Credit Balance of all the ledger accounts prepared on any particular date

Phosphorescence is a phenomenon associated with an algal division called euglenophytes. 

Phosphorescence is a phenomenon when an object is capable of releasing photons of light at a longer wavelength in response to absorbing light of a shorter wavelength. The object releasing the light only releases the light after some time has passed since it absorbed the light of a short wavelength.

Euglenophytes are single-celled plant-like protists that have no cell wall.

A protein that acts as a hormone is INSULIN.

Insulin is a peptide hormone produced by beta cells of the pancreatic islets; it is considered to be the main anabolic hormone of the body.  Insulin helps keeps your blood sugar level from getting too high or too low.  

The ability of two or more substances to combine to form other substances is called Reactivity.

Logistics management is the part of supply chain management that plans, implements, and controls the efficient, effective, forward, and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet customer's requirements.

The required number is SEVEN.

If you remove  S, it becomes EVEN.