Which Is Not One of the Three Main Types of Sediment

question 19

Multiple Choice

Which is not one of the three main types of sediment grain?

• A) clastic
• B) biogenic
• C) conglomeratic
• D) chemical

Discriminate between enforceable promises and non-binding promises such as illusory promises and past consideration.

Understand the legal concepts related to substituted contracts and their effects on original agreements.

Understand the enforceability of agreements within the American legal system.

Recognize the distinction between illegal, unenforceable, and legally viable agreements.

---

Definitions:

Current Rate Method

An accounting technique used in currency translation where assets and liabilities are converted at the current exchange rate.

Exchange Rates

The value of one currency for the purpose of conversion to another, indicating how much one currency can be exchanged for another currency.

Functional Currency

The primary currency of the primary economic environment in which the entity operates, usually the local currency or the currency of the primary sales market.

Current Rate Method

A method of foreign currency translation where assets and liabilities are converted at the current exchange rate.