A freighter loaded with 40-foot shipping containers leaves a port in Europe and sails to New York, where the containers are transferred to railroad cars and transported to the west coast
At the port of San Francisco, the containers are loaded onto another freighter bound for Japan. The term that best describes this situation is:
A) intermodal transportation.
B) inventory management.
C) greenfield investment.
D) hypermarketing.
E) containerization.
A
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A description of the physical arrangement of records in the database is
a. the internal view b. the conceptual view c. the subschema d. the external view
A nonprofit corporation must establish a board of directors or trustees to oversee its operations.
Answer the following statement true (T) or false (F)
Which of the following is correct?
a. Retained Earnings normally has a debit balance. b. Retained Earnings normally has a credit balance. c. Retained Earnings is closed at the end of the fiscal year. d. Retained Earnings is a nominal account. e. None of these answer choices is correct.
Buyer contracts to buy an automobile from seller (an individual who is not a car dealer) for
$1,000. The buyer fails to accept and pay for this car, so the seller sells it to another party for $1,200. This second sale cost the seller an extra $50 in advertising. Seller sues the buyer for damages for breach of contract. In this situation: A) Seller can collect $250. B) Seller can collect $50. C) Seller can collect $200. D) Seller collects nothing, but keeps the extra amount received. E) Seller collects nothing, but must give buyer the extra $150.