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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asked May 13, 2020 79.9k views

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Nathan Calverley · Answer 1 · 2020-05-18T22:32:31+0000

Answer:

TRUE

Step-by-step 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.

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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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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A lump-sum purchase or basket purchase involves paying a single price for several assets as a group. (A) True (B) False