Which One of the Following Companies Is Most Apt to Be

question 48

Multiple Choice

Which one of the following companies is most apt to be exposed to the least amount of macro risk?

• A) A large producer of flour
• B) A regional airline
• C) A major commercial bank
• D)A machine tool manufacturer

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Definitions:

Previous

Referring to something occurring before the current point in time or the item immediately before another in order or sequence.

Accord And Satisfaction

A contract law concept where a dispute is settled by an agreement (accord) and the subsequent payment (satisfaction), which discharges the original contractual obligation.

Mutual Agreement

A consensus or accord reached between two or more parties on a matter, often formalized through a contract or verbal understanding.

Specific Performance

An equitable remedy requiring the breaching party to perform as promised under the contract; usually granted only when money damages would be an inadequate remedy and the subject matter of the contract is unique (for example, real property).