Gold examiner receives $147,000 from a local bank and promises to deliver 100 units of certified 1-oz. gold bars on a future date. the contract states that ownership passes to the bank when gold examiner delivers the products to brink's, a third-party carrier. in addition, gold examiner has agreed to provide a replacement shipment at no additional cost if the product is lost in transit.

The question is here is how many obligations that are performed. There are a total of 2 obligations. Delivery of gold is one performance obligation. The extra insurance is a second performance obligation. The insurance service is proficient of being different because the bank could select to obtain like services from another insurance provider, and it is unconnectedly identifiable, as it is not highly interconnected with the other performance duty of delivering gold, and the seller's role is not to assimilate and modify them to create one service or product. So, the insurance succeeds as a performance obligation. The receiving of cash before to delivery is not a performance obligation, but somewhat gives rise to deferred revenue related with performance obligations to be fulfilled in the upcoming.

answer; no individual buyer or seller has any significant impact on the market price;