English

______ is a legally enforceable document and helps to settle disputes/claims between the investor and the broker. It contains details of the number of shares -

Advertisements
Advertisements

Question

______ is a legally enforceable document and helps to settle disputes/claims between the investor and the broker. It contains details of the number of shares bought or sold, the price, the date and time of deal, and the brokerage charges. 

Options

  • Share

  • Contract Note

  • Registration Form

  • None of these

MCQ

Solution

Contract Note

Explanation - 

The number of shares bought or sold, the price, the date and time of the transaction, and the brokerage fees are all listed on the contract note. This is a crucial document because it is legally binding and aids in the resolution of disputes or claims between the investor and the broker.

shaalaa.com
  Is there an error in this question or solution?
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×