Solved

Armac Ltd Is a Sluice-Box Manufacturer Based in China

Question 22

Multiple Choice

Armac Ltd. is a sluice-box manufacturer based in China. A sluice-box is used for gold prospecting. Armac is interested in selling a few of its machines to an American mining company, but it wants 95 percent of the machines' price in gold and the rest in ores recovered by using the machines. This is an example of a ________.


A) buyback arrangement
B) functional discount
C) barter deal
D) compensation deal
E) sealed bid

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions