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1. Fixed Price/Lump Sum Contracts. The lump-sum is a type of contract in which the contractor offers a single fixed amount for all the required tasks in the project scope. The contractor estimates the price of the project with the help of construction specifications or development charts. Conclusion. There are two types of options: call which gives the holder the right to buy an underlying asset for a certain price by a certain date. A put option gives the holder the right to sell the underlying asset. Underlying Asset Underlying assets are the actual financial assets on which the financial derivatives rely.