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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What are the two types of timber sale contracts
A
lump-sum and pay-as-cut
B
lump-sum and tonnage sale
C
pay-as-cut and tonnage sale
D
pay-as-cut and commodity-sum
Explanation: 

Detailed explanation-1: -The types of timber sales are per unit sales and lump sum sales. These sales can be either thinning sales or clear-cut sales.

Detailed explanation-2: -With a lump-sum sale, bidders give you a total price based on the volume of timber that is to be harvested. This price is then paid to you by the winning bidder as one sum. The designated trees are sold to the buyer with that price payment.

Detailed explanation-3: -It can be used for timber, poles, pulp and paper, furniture, fodder, fuel, matchbox making and medicinal purposes. It is heavy and strong. It has such uses as beams, rafters, and posts.

Detailed explanation-4: -sell your trees for one lump sum payment upfront. conduct a pay as cut timber sale; the landowner is paid for the trees as they are cut from the property and delivered to the mill, which is also known as a per-ton type sale or a cut-n-haul sale. 28-Jan-2020

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