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  • 2022-06-04
    A forward contract that must be settled by a sale of an asset by one party to the other party is termed a :
    A: physicals-only contract.
    B: deliverable forward contract.
    C: take-and-pay contract.
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    • The terms of the contract define the binding promises of each party to the contract.
    • If either party wants to renew the contract, it should submit a written notice to the other party three months prior to the expiration of the contract.
    • The conditions of the liability for the breach of contract include A: A、The fact of one of the contracting parties has breached the contract. B: B、Breach of contract caused loss to the other party. C: C、Breach of contract did not occur due to force majeure. D: D、The breaching party has subjective fault.
    • In an international contract for the sale of goods, the quality clause is a secondary clause in the contract.
    • During its life, the value of a forward contract is most likely equal to the price of the underlying minus the price of the: A: forward. B: forward, discounted over the original term of the contract. C: forward, discounted over the remaining term of the contract.

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      other be deliverable physicals that and by of only take-and-pay forward settled contract one pay is an the contract. take sale physicals-only must to asset termed party

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