Which of the Following Is Not a Reason Why It

question 73

Multiple Choice

Which of the following is not a reason why it is important for parties to memorialize their agreements in writing?

• A)Writings are subject to the danger that a person might fabricate terms.
• B)A party enhances his/her chances of proving that an obligation was undertaken and makes it harder for the other party to deny making the promise.
• C)A person's signature on a written contract provides a basis for the contract to be authenticated.
• D)Signing a writing communicates the seriousness of the occasion to the signer.

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Definitions:

Cereal

A grain or edible seed typically processed and consumed as part of a meal, especially breakfast, or used to produce various food products.

Meat Flavoring

The addition of herbs, spices, or other seasonings to enhance the taste of meat products.

Weighted Average Cost of Capital

A calculation of a firm's cost of capital wherein each category of capital is proportionately weighted, reflecting the cost of each source of capital used.

Return on Net Assets

A financial metric that measures how effectively a company is utilizing its net assets to generate profit.