In this blog post, Rittika Chowdhary, pursuing M.A. in business law from NUJS, Kolkata, talks in detail about forward contracts.
We are living in the 21st century; the so-called virtual world, where barriers with respect to trading and business have now been reduced to a bare minimum. Of course it goes without saying that each country has its own set of rules and guidelines to safeguard its economic resources and interest of the country.
This brings us to the importance of trade and finance and the fact that all individuals, firms and business houses are exposed to various levels of risks on their business exposure. Hence the concept of risk mitigation came into practice.
One can mitigate various forms of risks with different types of methods and even can make a profit by managing the risk.












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