Business, 19.02.2020 06:02, dnprops1544

The assumption of arm's-length transaction states that: A. both parties to a transaction can act independently of each other and make economically rational decisions. B. both parties to a transaction must have had previous transactions. C. one of the parties to the transaction is a bank that has full knowledge of the firm's creditworthiness. D. none of these.

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The assumption of arm's-length transaction states that: A. both parties to a transaction can act ind...