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Derivative liabilities
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Liabilities held for the purpose of being traded. What does this mean? How can liabilities be traded?
Answers (3)
CA Suraj Lakhotia Admin
These are related to derivatives contract. what is the context of your question?
In the definition for current liabilities under the Companies Act, it says that Current liabilities include those which are held for the primary purpose of trading. In this context, what are the liabilities that can be traded?
Thread Starter
Aman MahajanIn the definition for current liabilities under the Companies Act, it says that Current liabilities include those which are held for the primary purpose of trading. In this context, what are the liabilities that can be traded?
You will understand this at Final Level. These cover financial instruments
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