A lump-sum purchase or basket purchase involves paying a single price for several assets as a group.

Name: A lump-sum purchase or basket purchase involves paying a single price for several assets as a group.
Brand: Quizplus
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Quizplus · Accepted Answer

A lump-sum purchase, also known as a basket purchase or a bulk purchase, involves paying one price for a group of assets, rather than buying them individually. This can be a cost-effective way to acquire multiple assets at once.

A Lump-Sum Purchase or Basket Purchase Involves Paying a Single