Final answer:
The correct answer is D) Each of the above is a commitment.
An agreement to purchase raw materials, a pension plan, and an agreement to lease facilities at set prices are all considered commitments in business.
Step-by-step explanation:
The correct answer is D) Each of the above is a commitment.
An agreement to purchase raw materials, a pension plan, and an agreement to lease facilities at set prices are all considered commitments in business.
A commitment refers to a binding obligation or promise to take a certain course of action. In business, commitments often involve financial or contractual obligations.
The student's question asks which of the following is not considered a commitment. All of the options listed, such as agreements to purchase raw materials, pension plans, and agreements to lease facilities at set prices, are in fact examples of commitments. Thus, the answer to the question would be D) Each of the above is a commitment.