alleryStart learning →Is a large supplier a related party merely from economic dependence?
AYes, in every case
BYes, if it is a company
CNo, it is deemed unrelated
DYes, if sales exceed 10%
Answer & Solution
Correct answer: C. No, it is deemed unrelated
A single customer, supplier, distributor or agent is not a related party merely because of economic dependence from heavy business volume.
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