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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.
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