Question

consumers
5. On the Basis of Nature of Transactions
(a) Spot Market : This is a market where
goods are physically transferred from
sellers to buyers.
(b) Future Market : This is a market
where buyers and sellers enter into
future contracts without the intention
of actual delivery of goods. Their
purpose is to make profit out of
fluctuations in prices.​

Answer 1

Answer:

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Explanation:

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