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IIA Exam IIA-ACCA Topic 7 Question 92 Discussion

Actual exam question for IIA's IIA-ACCA exam
Question #: 92
Topic #: 7
[All IIA-ACCA Questions]

Which of the following statements is most accurate with respect to various forms, elements, and characteristics of business contracts?

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Suggested Answer: C

by Van at Nov 13, 2024, 12:00 AM

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Haydee
1 months ago
Haha, option D is hilarious. As if a contract is only for the customer's benefit. These options are a real mixed bag.
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Hobert
18 days ago
User 2: I agree, contracts should benefit both suppliers and customers.
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Tiffiny
27 days ago
User 1: Option D is definitely funny, contracts are for both parties.
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Lauran
2 months ago
But I feel like A is also a valid option, contracts are used by both suppliers and customers
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Gregg
2 months ago
Option B is just nonsense. Collaboration during negotiation is essential for an effective contract, not a hindrance.
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Rosalind
23 days ago
User 4: It's important to consider all aspects when drafting a contract.
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Valentin
24 days ago
User 3: Legal requirements can also impact the content and language of contracts.
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Lashawn
27 days ago
User 2: Definitely, it helps to ensure all parties are on the same page.
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Gladys
1 months ago
User 1: I agree, collaboration is key for a successful contract.
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Colton
2 months ago
I agree with Elise, legal requirements do affect contracts
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Angelo
2 months ago
I agree with Lashawnda. The legal environment is a key factor in how contracts are developed and implemented.
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Carlota
28 days ago
I agree, the legal environment definitely plays a significant role in shaping business contracts.
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Katy
1 months ago
C) Differing legal requirements affect the attitudes of contracting parties as well as the length content and language of contracts
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Julio
2 months ago
A) A contract is a tool used by both suppliers and customers, the model and complexity of which generally remains constant
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Lashawnda
2 months ago
Option C is the most accurate. Legal requirements definitely affect the contract language and structure.
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Nidia
1 months ago
Yes, it's crucial to ensure compliance with legal regulations in contracts.
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Shawnta
1 months ago
Different jurisdictions may have different requirements for contracts.
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Alberta
1 months ago
It's important to consider the legal aspects when drafting a contract.
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Keva
2 months ago
I agree, legal requirements play a big role in shaping contracts.
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Elise
2 months ago
I think the most accurate statement is C
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