Explain open delivery term
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If the parties to a sales contract do not agree to the time, place, and manner of delivery of the goods, the place for delivery is the seller's place of business. If the seller does not have a place of business, delivery is to be made at the seller's residence. If identified goods are located at some other place, and both parties know of this fact at the time of contracting, that place is the place of delivery. If goods are to be shipped but the shipper is not named, the seller is obligated to make the shipping arrangements. Such arrangements must be made in good faith and within limits of commercial reasonableness.
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Philadelphia Co. is considering the production and sale of a new product with the following sales and cost data: unit sales price, $300; unit variable costs, $180; total fixed costs, $270,000; and projected sales, $900,000. What is the margin of safety:(a) In dollar sales? And (b) As a percent of sales?
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The "corporate veil" is most likely to be pierced in the case of closely held corporations and in parent-subsidiary relationships
a. True b. False Indicate whether the statement is true or false
How would you define “work-identity integrity violations”? Can you give some examples from the text of a work identity integrity violation? Do you have any examples from your own life? What is the best way to overcome work-identity integrity violations?
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Gainesville Company has provided the following information
Sales price per unit $56 Variable cost per unit 12 Fixed costs per month $12,000 Calculate the contribution margin ratio. (Round your answer to two decimal places.) A) 21.43% B) 82.35% C) 64.71% D) 78.57%