Firm-specific investments are a type of ________ investments.
A) operational
B) contingent
C) transaction-specific
D) horizontal

Question

Quizplus · Accepted Answer

Firm-specific investments are investments that are made specifically for one company, project, or transaction. This type of investment is unique to a specific relationship or project and is not easily transferable to other investments or projects. Therefore, firm-specific investments are transaction-specific.

Firm-Specific Investments Are a Type of ________ Investments