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Which of the following best explains what a forward contract is?(Points : 2) A contract to deliver a particular commodity to a buyer sometime in the future

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Which of the following best explains what a forward contract is?(Points : 2) A contract to deliver a particular commodity to a buyer sometime in the future.A contract setting a specific price for the exchange of two foreign currencies.A contract limiting the future liability of one set of partners if a business fails.A contract obligating two parties to split payment for a service from a third party.