If the seller assumes the entire cost of transportation, without any reimbursement from the buyer, the terms are FOB shipping point

Indicate whether the statement is true or false


false

Business

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Culture helps the organization members deal with two issues that all organizations must resolve. These are ______.

a. how organization members should relate to one another and to the world outside b. how to identify guest key drivers and employee expectations c. how to improve the guest-service product and environment d. how to process more information and meet managerial expectations

Business

Although the number of daily newspapers continues to decline, what percentage of adults read a daily newspaper, either in print or online?

A. Approximately 15 percent D. Approximately 75 percent B. Approximately 25 percent E. Approximately 95 percent C. Approximately 45 percent

Business

Which of the following is true about financial institutions in the United States compared to those in other countries?

A. U.S. financial institutions have been much more heavily regulated than their foreign counterparts with regard to expansion (branching) and the services that could be offered. B. U.S. financial institutions have been regulated less than their foreign counterparts with regard to expansion (branching) and the services that could be offered. C. U.S. financial institutions and their foreign counterparts have similar regulations with regard to expansion (branching) and the services that could be offered. D. Most U.S. intermediaries are allowed to engage in nonbanking (nonfinancial) business activities, whereas the nonbanking activities of foreign financial institutions have been severely restricted until recently. E. U.S. financial institutions and their foreign counterparts have similar regulations with regard to engaging in nonbanking activities.

Business

Which of the following statements is true if a bond is issued for an amount higher than face value?

A) The bond's stated interest rate is less than the prevailing market interest rate at time of sale. B) The bond's stated interest rate is the same as the prevailing market interest rate at time of sale. C) The bond's stated interest rate is more than the prevailing market interest rate at time of sale. D) The bond is not secured by specific assets of the issuer.

Business