The European Parliament is primarily a consultative rather than legislative body.

a. true
b. false


Answer: a. true

Business

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Cost of goods sold represents an outflow of an asset, inventory, from the sale of products

a. True b. False Indicate whether the statement is true or false

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Distinguish between value-based pricing and cost-based pricing

What will be an ideal response?

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Which of the following is the essential consideration under the UETA for determining the validity of an electronic signature?

a. Whether the person intended the process or mark provided to act as a signature and whether it can be attributed to that person. b. Whether an actual signature, as opposed to some sort of unacceptable click-type agreement is involved. c. Whether an actual written type signature appears as opposed to an unacceptable typed name. d. Whether an actual written or typed signature appears as opposed to some sort of facsimile.

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Nondeliverable Forwards were originally envisioned as a method of currency speculation, but it is now estimated that 70% of NDFs are trading for hedging purposes

Indicate whether the statement is true or false.

Business