A ...is a (non-standard) contract between two parties to deliver and pay for an asset in the future.
A)call option
B)put option
C)forward contract
D)swap

Question

Quizplus · Accepted Answer

A forward contract is a contractual agreement between two parties to buy or sell an asset at a future date at a predetermined price, which is decided upon at the time of the contract's initiation. It is a non-standardized contract and is tailored to the specific needs of the parties involved. The delivery and payment for the asset under a forward contract must take place on the predetermined date irrespective of the market conditions prevailing at that time.

A Is a (Non-Standard) Contract Between Two Parties to Deliver and and Pay