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Author Question: Which of the following statements is true of contracts? a. They are used only in case of ... (Read 33 times)

debasdf

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on: Jun 30, 2018
Which of the following statements is true of contracts?
 a. They are used only in case of standardized transactions.
  b. They protect a seller's investment in the transaction.
  c. They allow the concerned parties to benefit from short-term price fluctuations in the market.
  d. They reduce the impact of market risk on the transaction as well as economic value in the long run.

Question 2

The phrase to spread the overhead refers to reducing the costs that are not directly attributable to the production process.
 a. True
  b. False
  Indicate whether the statement is true or false


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manuelcastillo

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

True


debasdf

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

amit

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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