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Which of the following is true of a firm commitment? Select one: A. The agreement specifies all significant terms. B. The agreement includes a disincentive

Which of the following is true of a firm commitment? Select one:

A. The agreement specifies all significant terms.

B. The agreement includes a disincentive for nonperformance that is sufficiently large to make performance probable.

C. Neither of the above is true.

D. Both A and B above are true.

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