In a documentary sale, the buyer has the obligation to:

a. inspect the goods.

b. purchase the bill of lading.

c. sign the bill of lading.

d. All of the above


b

Business

You might also like to view...

Standardized mature products that require a high percentage cost of labor to produce are made exclusively in high-income countries

Indicate whether the statement is true or false

Business

Due to the retirements of the KLH consulting company's founder-managers, Bri, a long-time employee has recently been promoted to CEO. KLH is an IT consultancy that specializes in installing and servicing computerized network systems for small-to-medium size businesses, but KLH has recently experienced declining sales, missed deadlines, increasing costs, and the departures of many fellow long-term employees. What steps could Bri take to change a culture that is out of step with the company's strategy?

What will be an ideal response?

Business

Bungert Inc. reported the following results from last year's operations:   Sales$15,200,000Variable expenses 9,470,000Contribution margin 5,730,000Fixed expenses 4,818,000Net operating income$912,000?The company's minimum required rate of return is 12% and its average operating assets were $8,000,000. Last year's residual income was closest to:

A. $992,000 B. $912,000 C. ($972,800) D. ($48,000)

Business

Under the Landrum-Griffin Act:

a. union finances are subject to federal review b. reports are made available to union members so they know how their dues are being spent c. employers may face penalties for bribing union officials d. employers must report expenditures for attempting to influence collective bargaining e. all of the other choices are provided for in the Act

Business