Transactions involves spot exchange-contract

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Identify whether each of the following transactions involves spot exchange, contract, or vertical integration.

a. Barnacle, Inc., has a legal obligation to purchase 2 tons of structural steel per week to manufacture conveyor frames.

b. Exxon-Mobil uses the oil extracted from its wells to produce raw polypropylene, a type of plastic.

c. Boat Lifts R Us purchases generic AC motors from a local distributor.

d. Kaspar Construction—a home-building contractor—purchases 50 pounds of nails from the local Home Depot.

Reference no: EM13898688

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