Examlex
Which of the following is least responsible for the success of futures exchanges such as the Winnipeg Commodity Exchange?
Customized Goods
Products that are specifically made to the order and specifications of a customer.
Oral Contract
An agreement between parties spoken aloud and not recorded in written form, yet legally binding under certain circumstances.
Memorandum
A memorandum is a written message used in business or diplomacy to communicate formal information, policies, or instructions.
Oral Contract
An agreement between parties spoken and agreed to aloud rather than written, yet is legally binding.
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