John, a Highly Skilled Mechanic Specializing in Jabooti Motorcycles, Agrees

question 31

Multiple Choice

John, a highly skilled mechanic specializing in Jabooti motorcycles, agrees to repair Gladys' Jabooti's motorcycle, but when he becomes ill, he transfers that responsibility to Clark, a friend of his. The transfer to Clark is called a(n) :

• A) assignment.
• B) delegation.
• C) novation.
• D) conveyance.

---

Definitions:

Factor 2

A component or element that contributes to a particular result or situation.

Profit

The financial gain obtained when the amount earned from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.

Marginal Product

Marginal product is the additional output resulting from the use of one more unit of a variable input, holding other inputs constant.

Fertilizer

Substances used to supply essential nutrients to plants, aiming to enhance growth, yields, and quality of agricultural produce.