FOB ________ means the buyer accepts ownership when the goods depart the seller's place of business. The buyer is responsible for paying shipping costs and bears the risk of damage or loss when goods are in transit.
What will be an ideal response?
shipping point
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Although the general rule for transfer prices is the outlay cost plus opportunity cost, many companies instead use negotiated prices to price their goods and services. When are negotiated transfer prices used? Are such prices consistent or inconsistent with responsibility accounting? Explain.
What will be an ideal response?
The property owner is freed from retail facility management and the retailer controls maintenance in a net lease
Indicate whether the statement is true or false
What term describes a supply chain that is designed to optimize both forward and reverse flows?
A) closed-loop supply chain B) full-journey supply chain C) circular supply chain D) network supply chain E) recycled supply chain
Charles agrees to store Tuan's car in Charles's garage for the winter months while Tuan visits his grandmother in California. As a bailee, Charles is automatically entitled to use Tuan's car while Tuan is away.
Answer the following statement true (T) or false (F)