Which of the Following Is a Business Transaction

question 149

Multiple Choice

Which of the following is a business transaction?

• A)A company signs a contract for services to be provided during the first quarter of the next fiscal year.
• B)A company pays its employees a year-end bonus.
• C)A company hires a new marketing manager.
• D)A company applies for a mortgage that will be used to purchase a new office building.

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Definitions:

Crowded Break Room

A situation where the designated area for employees to take breaks is excessively occupied, leading to a lack of space and resources.

Second-Hand Exposure

Second-hand exposure relates to the involuntary exposure to substances or conditions (such as second-hand smoke) by individuals who are not directly using or engaging in the activity.

Externality

An external effect, either positive or negative, on a party not involved in a transaction or activity.

Property Rights

Legal rights to use, control, or dispose of property, including real estate, intellectual property, and personal assets.