Question

is the financial contract between the buyer and seller to buy or sell an underlying assets
with a predetermined rate for a future date
(A) Bond
(B) Real estate
(C) Financial derivatives
(D) Ornaments​

Answer 1

The correct option is C) Financial derivatives

Explanation:

• In the world of business, a financial contract can be described as a legal agreement between buyer and seller.

• A financial contract also has a security at a predetermined price at a specified time in the future.

• Hence, option C is correct.

• Other options, such as option D, is not correct because ornaments are not any contract, they are piece of jewelry.