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ANEK [815]
3 years ago
12

A forward contract is described by:_______.

Business
1 answer:
Inga [223]3 years ago
6 0

Answer:

Agreeing today to buy a product at a later date at a price set today.

Explanation:

Forward contract can be described as a type of contract that exists between two parties. Both parties agree on a specific and defined price to buy and sell their assets at a later date. The specific price agreed upon by the both the buyer and seller is known as forward price.

It is necessary for the buyer and seller to ensure the forward contract is completed before the fixed date to prevent problems that might arise. The advantages of this type of contract include: consistency in the price agreed upon by both parties, downside risks are prevented due to the ability to determine future rate.

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Introducing a new product into the market is called.
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Introducing a new product into the market is called commercialization. The procedure for introducing a new product to the market for initial sale.

<h3>What is commercialization?</h3>

The process of bringing new products or services to market is known as commercialization. The commercialization process encompasses all aspects of a new product or service's development, distribution, marketing, sales, customer service, and other vital services.

Thus, commercialization is the introducing new product.

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12. What is OSHA's purpose?
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Answer:

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Explanation:

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What is the mean, to the nearest tenth, of the numbers 22, 22, 27, 29, 30, 34, and 38?
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