With Reference to a Value-Added Chain,the Beginning of the Chain

question 3

Multiple Choice

With reference to a value-added chain,the beginning of the chain consists of:

• A)intermediaries.
• B)buyers.
• C)suppliers.
• D)customers.

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Definitions:

Incorporation

The process of legally declaring a corporate entity to be separate from its owners, thereby providing limited liability and other benefits.

Capacity to Contract

The legal ability of an individual or entity to enter into a binding contract, having the necessary age, mental state, and authority.

Intoxicated

A state of impairment or being under the influence of alcohol or drugs, which can affect a person's physical and cognitive abilities.

Incapacity

A physical or mental condition that makes an individual unable to manage their own affairs or to understand the nature and effects of their actions.