Incoterms rules are
A. a series of three-letter codes used in international contracts for the sales of goods.
B. trade agreements promoting common policies among member states.
C. a series of laws designed to make international contracts more uniform and predictable.
D. rules outlining when the power of one nation can impose its laws in other countries.
Answer: A
You might also like to view...
Which of the following is not true regarding SFAS No. 142?
a. Goodwill may be defined as the excess earning power of an acquisition. b. Goodwill is defined as the difference between the amount paid for an acquired subsidiary and the fair market value of its individual net assets. c. Tests of goodwill impairment must be made on an annual basis. d. Because goodwill has an indefinite life, it is not subject to write-off as an expense.
What is the median of the following set of data? Test scores for 10 students: 50, 95, 75, 20, 80, 100, 100, 98, 90, 45
a. 90 b. 80 c. 85 d. 74.3
If the client miscounts the number of users, this would be an example of a(n) foreseeable circumstance that may require a change in the contract
Indicate whether the statement is true or false
Who is most likely the author of the following quote? “It is salutary to ask about any organization, ‘If it did not exist, would we invent it?’ ‘Only if it could do something better or more useful than anyone else’ would have to be the answer, and profit would be the means to that larger end.”
a. Charles Handy b. Milton Friedman c. Barack Obama d. Congressional Banking Oversight Committee