Part 4 – The ‘EADC’

Fast forward again to 2010, and this from Investopedia.com – ‘A 23-year old in London, Tom Saunders is offering an “emerging artist derivative contract”. The intention of the contract is to provide purchasers the option, but not the obligation (just like a normal options contract), to purchase one of Saunders’ works in the future – in 10 … Continue reading Part 4 – The ‘EADC’