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What is commercial substance? 13 O A. Commercial substance means that each party's rights with respect to the goods or services that are being transferred
What is commercial substance? 13 O A. Commercial substance means that each party's rights with respect to the goods or services that are being transferred are identifiable and the seller intends to offer a price concession OB. Commercial substance means that all parties to the contract have agreed to the contract and are committed to performing under the contract with a price reduction OC. Commercial substance means that the risk, timing or amount of the entity's future cash flows is expected to change as a result of the contract. OD. Commercial substance means that it is probable that the seller will collect the consideration to which it is entitled in exchange for the goods or services at a discount A
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