A Contract Is Meaningless Unless It Is

question 123

Multiple Choice

A contract is meaningless unless it is

• A)notarized.
• B)a written agreement.
• C)enforceable.
• D)regulated.
• E)signed by both parties.

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Definitions:

Equity Method

The equity method is an accounting technique used by a company to record its investment in another company when it has significant influence but not full control, typically between 20% and 50% ownership.

Significantly Influenced

A condition where an investor has a considerable but not controlling interest in another company, able to affect its policies without direct control.

Non-Strategic Investments

Investments made without a long-term plan or alignment with the core goals of an investor or organization.

Short Or Long-Term

A classification that distinguishes between assets, liabilities, or goals based on the duration, typically under or over one year, respectively.