Past Performance

question 21

Multiple Choice

Past performance

• A)does not guarantee future performance.
• B)is totally unrelated to future performance.
• C)guarantees future performance.
• D)is a perfect representation of future performance for the same length of time.
• E)will be duplicated in the near future.

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Definitions:

Sale-Or-Return

A sales agreement that allows the purchaser to return unsold goods to the seller rather than pay for them, typically used in retail or wholesale.

Risk Of Loss

Refers to the potential financial loss a party may face in a transaction due to damage, destruction, or theft of goods before they are delivered.

Formal Ball Gowns

Elegant and sophisticated dresses worn by women to formal events, characterized by their long length, luxurious fabrics, and ornate details.

Conforming Goods

Products or goods that meet the specifications and standards outlined in a contract or agreement.