What is a Contract for Difference

Q: The contract rate is above the market rate. The contract rate is equal to the market rate.

A: The correct answer is option (a) The contract rate is above the market rate.

Q: Define forward contract.

A: It is a form of derivative contract which is used as an agreement

Q: How an Ijarah contract is different from an installment-based credit sale?

A: Ijarah denotes a contract where one party transfers the right to use an item he owns to another…

Q: Give the SECOND exception to the general rule that: If the consideration of the contract consists…

A: If the consideration of the contract consists partly in money, and partly in another thing, the…

Q: What is the difference between a bill and a payment

A: Answer: Bill and payment are two different terns that can be used for same document. The two terms…

Q: It’s a contract whereby a person binds himself to render some service or to do something in…

A: Introduction: A contract is a legally enforceable agreement that creates, defines, and governs…

Q: In bill of exchange the payment is received by

A: Option (d) is the correct answer

Q: What is the difference in Forward Contracts and Future Contracts

A:

Q: Factual errors can occur in two ways: unilaterally or bilaterally. What are the implications of both…

A: pleas see the next step for solution

Q: The contract of sale is a consensual contract.   a. True b. False

A: Sales on Account A sales on account revenue is revenue earned by a company by selling its goods on…

Q: What are three similarities of a future contract and a forward contract?

A: Forwards are the contract made for the private placements while futures are traded under stock…

Q: Formalities in a contract can be self-imposed by the parties to a contract. Select one: True False

A: Contract is referred as an enforceable agreement, which helps in defining, creating, and also…

Q: What is a forward contract?

A: Introduction: This question is related to the concept of financial derivatives. Derivative…

Q: Which of the following arises when the seller's right to consideration from a customer is…

A: A receivable is recognized by the entity when the entity's right to consideration is unconditional…

Q: Identify the best and worst types of contract on the basis of payment

A: Contract is referred to as the legal bind of an agreement, which used to define as well as govern…

Q: What is an onerous contract? Give two examples of an onerous contract.

A: When the cost of carrying out unavoidable obligations exceeds the benefit expected to be received…

Q: What is the difference between a permanent and a temporary account? Give examples of each.

A: answer Difference between temporary and permanent account let us briefly discuss both the accounts…

Q: Describe the types of Musharakah contracts and give ONE (1) example for each type.

A: Musharakah contracts: Musharakah is a joint partnership arrangement in Islamic finance in which…

Q: Give two (2) examples of voidable contracts.

A: An avoidable contract is a legal agreement that can be canceled for a variety of reasons at the…

Q: Compare and contrast the istijrar contract with its closest conventional contract. What are the main…

A: Istijrar refers to the purchase of commodities in varying quantities on a regular basis. In Islamic…

Q: How will you differentiate contract of sale from contract to sell?

A: Accounting is primarily concerned with identifying, recording, measuring, summarizing transactions…

Q: Create an example of a contract that has the credit to be legal, the contract must be in writing…

A: One of the example:- "On Apr 9, 2021 John borrowed from Morgan a total of $100,000 at an interest of…

Q: What are the differences between adjunct account and a contra account?

A: Definition:An adjunct account increases the book value of a liability account.A contra Account…

Q: Compare and contrast the four kinds of defective contracts.

A: A defective contract is one that lacks legal substance due to its incompleteness or inadequacy. A…

Q: What is a multiple-element contract? Give an example of such a contract. How does NZ IFRS 15 apply…

A: Contract Management  A contract is an agreement made between two parties that outlines the actions…

Q: What is the meaning of “counter-offer” in relation to the law of contract?

A: Counter Offer is a type of offer given in response of original offer.

Q: Discuss the contract according to its enforceability?

A: In basic terms, a contract implies when two gatherings put into composing an understanding that…

Q: Give the FIRST exception to the general rule that: If the consideration of the contract consists…

A: If the consideration of the contract consists partly in money and partly in another thing, the…

Q: what kind of account is contract fees

A: Definition: Revenues: Revenues are earnings from the operations of a business. The operating…

Q: In a "mixed contract," one involving both the dale of goods and services, does the UCC apply or does…

A: Contract is referred as the legal enforceable agreement, which defines, creates, and also governs…