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Glasco & Sons Purchases Compounded Motor Oils in a Variety

Question 96

True/False
Glasco & Sons purchases compounded motor oils in a variety of grades from a nearby oil refinery.Technicians make slight modifications to the oil and package it in containers.Grocery and auto parts retailers then contract with Glasco to have the containers labelled with their store names.Once they reach store shelves, the products are ultimately sold to the consumer.For this reason, Glasco is considered to be a consumer products company.

Glasco & Sons purchases compounded motor oils in a variety of grades from a nearby oil refinery.Technicians make slight modifications to the oil and package it in containers.Grocery and auto parts retailers then contract with Glasco to have the containers labelled with their store names.Once they reach store shelves, the products are ultimately sold to the consumer.For this reason, Glasco is considered to be a consumer products company.

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