Which of the following best explains what a forward contract is

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asked Aug 12, 2021 44.5k views

2 Answers

Rashmit Rathod · Answer 1 · 2021-08-17T02:48:28+0000

Answer: A contract to deliver a particular commodity to a buyer sometime in the future.

Explanation: A forward contact obligates the parties to engage in a transaction at some later time, usually when the commodity is available for purchase

Which of the following best explains what a forward contract is

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