A statement of the rights and obligations of each party to a transaction or transactions is called:

Related MCQs

• The tax levied on gross sales revenue from business transactions is called -
• What is called if estimate of income and expenditure are for future as opposed to an account that records financial transaction?
• A speculator who enters into a purchase transaction with a view to sell in the near future when the price would have risen is called a -
• A percentage of the value of a transaction taken by an intermediary as payment for his services is called:
• Barter transactions means -
• What does ECS in banking transactions stand for?
• he annual record for all the monetary transactions of a country with other countries of the world is known as -
• An agreement between the owner of a property to grant use of it to another party for a specified period at specified rent payable annually is called:
• The amount of gold reserve, currencies and special drawing rights available for the finance of international trade is called:
• The transaction in which the buyer of an item is selected after a number of buyers have made some willingness to pay for that item; is marked as