Which of the Following Legislations Would You Need to Rely

question 51

Multiple Choice

Which of the following legislations would you need to rely on if you wanted to ensure that terms are implied into a contractual business arrangement?

• A) the Commercial Transactions Act
• B) the Electronic Commerce Act
• C) the Goods and Services Act
• D) the Sale of Goods Act

---

Definitions:

Per Unit Basis

A method of expressing costs, pricing, or other financial measures on a per single unit of product or service basis.

Indirect Costs

Expenses not directly tied to a specific product or service, such as overheads, that are necessary for running a business.

Variable Costs

Costs that change in proportion to the level of production or sales activity, such as raw materials and direct labor.

Manufacturing Overhead

All indirect costs associated with the production of goods, such as utilities, maintenance, and manager salaries.