Which of the following examples correctly depicts a company that uses a transaction-specific asset?
A)Indigo Inc., a company that manufactures faucets
B)Eclipse Corp., a company that manufactures pens and sells them through distributors
C)BLC Corp., a company that uses heavily customized software to manufacture airplane seats
D)Vertigo LLC, a company that sources raw material from suppliers to manufacture dinnerware

Question

Quizplus · Accepted Answer

BLC Corp. uses heavily customized software to manufacture airplane seats, which is a transaction-specific asset as it is specifically designed to suit the needs of the company's manufacturing process.

Which of the Following Examples Correctly Depicts a Company That