Which of the Following Is NOT One of the Kinds

question 18

Multiple Choice

Which of the following is NOT one of the kinds of conduct that must be established by a party who seeks to enforce an agreement,under the Sale of Goods Act,that is not in writing?

• A)the provision of consideration
• B)acceptance by the buyer
• C)actual receipt of the goods by the buyer
• D)part payment tendered by the buyer and accepted by the seller
• E)something by way of earnest given by the buyer to the seller

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Definitions:

Factor of Production

An input used in the production of goods or services, such as land, labor, capital, and entrepreneurship.

Scale

Refers to the size or level of operation, especially in terms of the capacity to produce or serve in business and economics.

Increasing Returns

A situation where an increase in the amount of inputs results in a more than proportional increase in the output, demonstrating enhanced efficiency or productivity.

Inputs

The resources used in the production process to create goods or services, including labor, raw materials, and capital.