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Which of the following types of contracts is created when a party with superior bargaining power imposes unfair terms on the other party?
Sales Data
Information and records of the quantity, price, and terms of sales transactions, used for analysis and business planning.
Preceding Year
The year that directly comes before the current year, often used as a reference point for financial analysis or comparison.
Quick Ratio
A liquidity measure that indicates a company's ability to pay its current liabilities without relying on the sale of inventory, calculated as (current assets - inventory) / current liabilities.
Marketable Securities
Financial instruments that can be easily bought or sold on public stock exchanges or other financial markets.
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