Type of contract which involves immediate exchange of funds and assets is classified as?

Question

Type of contract which involves immediate exchange of funds and assets is classified as?

spot contract
forward contract
future contracts
present contract

LohaHridoy

4 views

2025-01-04 04:42

1 Answers

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AhmedNazir · Accepted Answer · 2022-09-01T13:21:41+06:00

AhmedNazir

Answer: Option 1

Type of contract which involves immediate exchange of funds and assets is classified as spot contract. A spot contract is a document that has a purchase or sale of a currency, security, or commodity for quick delivery and payment for the spot date, which is around two days after the trade date.

4 views Answered 2022-09-01 13:21