Under a shipment contract, the risk of loss passes to the buyer when the goods are tendered to the buyer at a specified destination.

Answer the following statement true (T) or false (F)


False

Business

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The client/server model is a form of network topology in which user computers, called clients, access ERP programs and data via a host computer called a server

Indicate whether the statement is true or false

Business

A company has developed the prototype of a mobile phone that it plans to launch in the next few months. The phone comes equipped with the most advanced technological features

As part of its test marketing efforts, the company allows customers to examine and use the prototype and also gathers feedback regarding product features and price. The results of this test marketing effort show that customers are willing to pay at least $500, considering the phone's various features. As such, the company has discovered customers' ________. A) last paid price B) expected future price C) lower-bound price D) upper-bound price E) typical price

Business

To calculate an activity rate, the ____ of each activity must be determined

A) value B) expenditure level C) processing ratio D) practical capacity

Business

The ________ is a body that hears cases that nations refer to it as well as cases involving treaties and the United Nations (UN) Charter

A) Security Council B) General Assembly C) International Court of Justice D) International Monetary Fund

Business