D'Alemberte Contracts with Ellas to Render Personal Nursing Services for the Benefit

question 18

Multiple Choice

D'Alemberte contracts with Ellas to render personal nursing services for the benefit of Federica. This is

• A) a delegation.
• B) an assignment.
• C) a third party beneficiary contract.
• D) an implied contract.

---

Definitions:

Cost Of Goods Sold

The total cost of materials and labor directly associated with the production of goods sold by a business.

Direct Costs

Direct costs are expenses directly associated with the production of goods or services, such as materials and labor.

Global Capital Market

The worldwide financial markets in which money flows for the purpose of investment and financing across different countries.

Volatile Exchange Rates

Exchange rates that fluctuate widely in a short period of time, affecting the value of currencies traded on the foreign exchange market.