Baker Furniture sold 50 living room sets to King's Department Store. The parties did not agree on passage of title, but the delivery term was F.O.B. place of shipment. Discuss title and risk of loss regarding the furniture
Since the goods are to be moved, title passes to the buyer when the seller completes its transportation obligation. Here title will pass when the seller puts the goods into the possession of the carrier at the place of shipment. With F.O.B. place of shipment, the seller bears the risk until the goods are in the possession of the carrier.
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If a student evaluates her professor low on all evaluation criteria due to dissatisfaction with the professor's grading, the student has likely committed which rater error?
A. Stereotyping B. Recency C. Central tendency D. Halo E. Proximity
As Christmas approaches, a wholesaler is offering special deals to retailers to purchase toys from them for sale to the public. This is known as:
a. professional pricing b. a trade discount c. a quantity discount d. bundling e. odd-even pricing
Real time location tracking of vehicles relies on
A) citizen band radios. B) vehicles. C) teamsters. D) global positioning systems.
Suppose that the international parity conditions all hold and a country has a higher nominal interest rate than the United States
Characterize the country's inflation rate compared to the United States, the country's expected exchange rate change versus the dollar, the country's currency forward premium (or discount) versus the dollar, and the country's real interest rate compared to the U.S. real interest rate.