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Type of contract which involves exchange of assets will be occurred...

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Type of contract which involves exchange of assets will be occurred in future at price settled daily is classified as

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Correct Answer: Option C
Type of contract which involves exchange of assets will be occurred in future at price settled daily is classified as future contracts. A futures contract is a legal agreement to buy or sell a particular commodity or asset at a predetermined price at a specified time in the future. Futures contracts are standardized for quality and quantity to facilitate trading on a futures exchange.
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