If a seller wanted to pay the delivery charges and keep title to the products until delivered to a buyer, the seller could use "F.O.B. buyer's factory" geographic pricing terms.

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


True

If a firm wants to pay the freight for the convenience of customers, it can use F.O.B. delivered or F.O.B. buyer's factory. In this case, title does not pass until the products are delivered.

Business

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a. True b. False Indicate whether the statement is true or false

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Scubapro Corporation currently has 500,000 shares of common stock outstanding and plans to issue 200,000 more shares in a seasoned equity offering. The current shareholders have preemptive rights on any new issues of common stock by Scubapro Corporation. How many shares would an investor who currently has 20,000 shares, have the right to buy if she exercises her preemptive right?

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