Concept:A contract note is the formal document a broker sends to a client to confirm that a purchase or sale order has been executed on the stock exchange.
Explanation:When a broker carries out a transaction on behalf of a client, the broker must provide a written record of the deal.
This record is called a contract note.
It shows the securities bought or sold, the quantity, the price, the total value, and the commission charged.
The contract note acts as legal confirmation of the agreement between the broker and the client.
Other documents mentioned have different roles.
A delivery note confirms goods sent with an order.
A consignment note accompanies goods during shipment.
A transfer form is used to legally transfer ownership of shares.
Only a contract note directly confirms a broker's transaction for the client.
Answer:D. contract note