The Difference Between Installations and Accessory Equipments Is That

question 16

Multiple Choice

The difference between installations and accessory equipments is that:

• A)installations include industrial machines and tools that manufacturers use to carry out their operations.
• B)installations cannot determine the scale of operations of the firms that buy and use them.
• C)installations are finished goods that facilitate production of a final product.
• D)installations are finished goods that facilitate repair,maintenance,and ongoing operations.

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Definitions:

Accord And Satisfaction

A legal contract wherein a dispute is settled by the parties agreeing and performing on a new obligation which differs from the original agreement.

Unliquidated Debt

Debt for which the specific value has not been determined, often because the exact amount depends on future events or conditions.

Unilateral Contract

A promise made by one party in exchange for the performance of an act by another party.

Bilateral Contract

A type of agreement in which both parties involved promise to perform certain actions or obligations.