FORWARD BUYING:
Contract to take delivery of goods in future is known as forward buying. The price in such a case is settled in advance. Neither the price is not paid nor is the goods delivered on the spot in this situation, e.g., January future.
FYBMS, SYBMS, TYBMS and beyond BMS
FORWARD BUYING:
Contract to take delivery of goods in future is known as forward buying. The price in such a case is settled in advance. Neither the price is not paid nor is the goods delivered on the spot in this situation, e.g., January future.
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