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Examen
COVERAGE: Contract of sales
ACCTG 1
ACCTG 1
COVERAGE: Contract of sales Direction: Read and select the best answer for the following questions. 1. It is a contract whereby one of the contracting parties, known as the seller or vendor, obligates himself to transfer the ownership of and to deliver a determinate thing, and the other party, known as the buyer or vendee, obligates himself to pay therefore a price certain in money or its equivalent. a. Contract of Sales b. Contract of Agency c. Contract of Partnership d. Contract of Pledge 2. T...
Dants
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