Examlex
Which of the following statements is false?
Merchandise
Goods or items that a business sells to its customers.
Forward Contract
A non-standardized agreement between two parties to buy or sell an asset at a specified future time at a price agreed upon today.
Spot Rates
The current cost at which one can buy or sell a certain currency, ready for instant delivery.
Merchandise
Items or products that a company buys to sell to its customers in the course of its business.
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