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More Commerce Questions
The basis for determining profit to be taken into account on incomplete contract is ________.
Match the items of List-I with List-Il . List-I List-II a. Future 1. Consists of purchase or sale of commodities in two different markets with the expectations that a future change in price in one market will be offset by an opposite change in the other market b. Swap 2. A contract in which a seller agrees to deliver an asset to a buyer at a predetermined price at some future date as privately negotiated c. Hedging 3. A contractual agreement for exchanging a steam of payments with opposite and matching needs, to reap the benefit arising due to market discrepancies d. Forward 4. A contract covering the purchase and sale of physical commodities or financial instruments for future delivery on a future exchange floor
Indexing is an important ________.
Trial balance is a proof that:
Which of the following option/s are not covered under the Negotiable Instruments as per law?