Who pays the freight cost when the terms are FOB destination?
A) the seller
B) the buyer
C) the customer
D) either the buyer or the seller
A
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A monetize strategy differs from a harvest strategy in that a monetize strategy ________
A) is a defensive strategy B) manages prices and marketing resources in a way that maximizes cash flow without exiting the market C) is used for maximizing profits and cash flow as a business slowly exits a product-market D) protects an attractive market position in which the business dominates with respect to competitive position E) is a strategy for exiting a market by selling or closing down the business or eliminating the product
The checklist of steps necessary for approving an invoice for recording and payment, also known as the check authorization, is the:
A. Purchase order. B. Purchase requisition. C. Receiving report. D. Invoice. E. Invoice approval.
Marty, a 16-year-old, contracts with Cream-of-the-Crop Cycles to buy an $8,000 motorcycle. Marty agrees to make monthly payments until the purchase price plus interest are paid in full. Which of the following is correct?
a. The contract is voidable by Marty. b. The contract is void as soon as it is made. c. The contract is voidable by Cream-of-the-Crop Cycles. d. The contract is voidable by either Marty or Cream-of-the-Crop Cycles.
Mello's Mattress Company advertises a special sale on mattresses on its Web site. The mattresses are normally sold for $1,000, but are advertised on the site for $499. The sale price does not include the shipping cost. Mello's charges $250 for shipping. To avoid claims of Advertising, Marketing, and Sales, Mello's should A) clearly and conspicuously disclose the shipping cost in its ads
B) display the shipping cost in small print on Mello's Web page. C) include the shipping cost on the last page of Mello's Web site. D) not reveal the shipping cost.