Which of the Following Pair of Terms Is Similar

question 47

Multiple Choice

Which of the following pair of terms is similar?

• A)Overhead and direct cost.
• B)Direct cost and fixed cost.
• C)Overhead and fixed cost.
• D)Overhead and variable cost.

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Definitions:

Non-Breaching Seller

A party in a contract that has not failed to fulfill any term of the agreement, in contrast to a breaching party who has failed to perform as promised.

Remedies

Remedies in legal terms refer to the means by which a right is enforced or the violation of a right is prevented, redressed, or compensated.

Essential Purpose

The main or critical reason for which something exists or is done, especially in a legal or contractual context.

Usage of Trade

A common practice or method of dealing recognized and accepted in a particular industry or trade.