Transfer pricing is described as:
a. the value added to goods and services.
b. selling goods overseas for less than what they are sold for in the exporter's home market.
c. goods which have been imported from another country and priced at twice what they were sold for in the exporter's home market.
d. the intracorporate pricing of sales to members of the extended corporate family.
Question 2
If both parties mutually agree to terminate the contract, then they have, in effect, created another contract with the intent of nullifying the first agreement.
a. True
b. False
Indicate whether the statement is true or false
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