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18 July, 21:40

A lump-sum purchase or basket purchase involves paying a single price for several assets as a group.

(A) True

(B) False

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Answers (1)
  1. 18 July, 23:44
    0
    TRUE

    Explanation:

    A basket purchase is the acquisition of a number of assets as a group, in a single purchase transaction. This is common when the basket purchase is lower than the price charged for individual assets.
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