Provisions that allow the contract price of a commodity to change with changes in its market price are referred to as:

a. omnibus clauses.
b. escape clauses.
c. adjustment clauses.
d. exclusion clauses.

C

Economics

You might also like to view...

Many economists believe that skill-biased technical change has increased the incomes of highly skilled workers and decreased the incomes of low-skill workers

a. True b. False Indicate whether the statement is true or false

Economics

Les buys a bond for $5,000. Every year that he holds the bond he will receive interest payments of $250. The interest rate on the bond:

A. is 2 percent. B. is 5 percent. C. is 20 percent. D. cannot be determined.

Economics