Which of the Following Is an Example of an Intermediate

question 176

Multiple Choice

Which of the following is an example of an intermediate product?

• A)A pair of skis sold by a sporting goods retailer
• B)A share of IBM stock
• C)The lumber produced by Boise Cascade and sold to a builder of new houses
• D)An antique car sold to the highest bidder
• E)None of the choices are true

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Definitions:

Non Est Factum

“It is not my act”—grounds for a court to declare a contract void because a party is unaware of the nature of the contract.

Misrepresentation

A false statement of fact that induces someone into entering a contract.

Damages

Monetary compensation that is awarded to a person as a remedy for harm or injury they have suffered due to another's actions.

Interface

A point where two systems, subjects, organizations, etc., meet and interact.