Jack learns that there was a side letter detailing special terms and conditions pertaining to a specific sale to significant customer. These terms and conditions are not in the company's normal contracts. The sale occurred three days before the end of the quarter. The sale was material in amount and necessary to achieve Wall Street analysts' expectations for the company's quarterly results. A. TrueB. False

Question

Social Studies

Koen Erickson

21 June, 04:06

Jack learns that there was a side letter detailing special terms and conditions pertaining to a specific sale to significant customer. These terms and conditions are not in the company's normal contracts. The sale occurred three days before the end of the quarter. The sale was material in amount and necessary to achieve Wall Street analysts' expectations for the company's quarterly results. A. TrueB. False

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Answers (1)

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Kathy Curry · Answer 1

It is a false statement.

Explanation:

The terms and conditions are the legal agreement that is formulated by the service provider. If a person who want to purchase the product or service, he/she should agree with the terms and conditions of the seller. The customer must accept the terms of service to use the offered service. Terms of service can be a disclaimer, especially regarding the use of websites.

The terms and conditions doesn't vary with the customer, it just varies with the product. It should be noticed clearly before making the purchase or use of the service.