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Regarding related-party transactions, a transactions between related parties are usually presumed to take place at arms length. b related parties do not include members of

Regarding related-party transactions,

a

transactions between related parties are usually presumed to take place at arms length.

b

related parties do not include members of the immediate family of company management.

c

both IFRS and ASPE deal only with disclosure requirements for such transactions.

d

ASPE requires that some related-party transactions be remeasured.

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