The Incoterm for the situation when the seller hands over goods to a carrier at a specified place, where risk then passes is to the buyer, is
A. FCA.
B. FAS.
C. CFR.
D. DAT.
E. CIF.
Answer: A
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GE employs different sales forces within different product and service divisions of its major businesses
For example, within GE Infrastructure, the company has separate sales forces for aviation, energy, transportation, and water processing products and technologies. GE has most likely adopted a ________ sales-force structure. A) market B) product C) customer D) territorial E) complex
Which of the following places would be the best neutral site for a Brazilian firm carrying on negotiations with an Italian firm?
A. Sardinia B. New York City C. Florence D. Milan
Bonds represent the purchase of ownership in a business firm.
Answer the following statement true (T) or false (F)
Which one of the following is an advantage to the investor of a currency futures contract as compared to a forward contract?
A) more flexibility in contract size B) more liquidity when the investor wishes to sell the contract C) more currencies available D) more payment dates