Which of the following trade terms means that the seller has an obligation to deliver the goods to a named place for transfer to a carrier?
A. ex works
B. dead freight
C. free
D. demurrage
C
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The contract rate on previously issued bonds changes as the market rate of interest changes.
Answer the following statement true (T) or false (F)
Gains and losses that are normal and frequent are reported as:
A. A gain or loss from disposing of the discontinued segment's net assets. B. Part of continuing operations in before tax dollars. C. A gain or loss from operation of a discontinued segment. D. A prior period adjustment on the statement of retained earnings. E. Part of continuing operations in after-tax dollars.
______ leaders lack the motivation or the ability to sustain effective action.
A. Callous B. Rigid C. Abusive D. Incompetent
Under the __________doctrine, the holder has taken so many instruments from its transferor or is so closely connected with the transferor that any knowledge the transferor has is deemed transferred to the holder, preventing holder in due course status
A) constructive partnership B) close-connection C) symbiotic relationship D) collaborative relationship