An agreement of a seller to supply a buyer with all of the buyer's needs for certain goods is known as:
a. a firm offer.
b. a requirements contract.
c. an output contract.
d. promissory estoppel.
b
Business
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Why do the managers of a corporation hire independent auditors?
A. To guarantee annual and quarterly financial statements. B. To handle some personnel issues and problems. C. To audit and report on the fairness of financial statement presentation. D. To lobby the FASB for changes in generally accepted accounting principles.
Business
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What will be an ideal response?
Business