Nebula Crystals, a firm in New York that manufactures crystal figurines, was contracted by Ruth from Florida to deliver a thousand such crystal figurines
The contract required the firm to deliver and tender the goods alongside the vessel SS Dew Express at the New York harbor. Which of the following shipment term expresses such conditions?
A) no-arrival, no-sale
B) ex-ship
C) F.A.S. port of shipment
D) C.I.F.
C
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As the price of a product gets closer to customer value,
A) price elasticity will decrease. B) price elasticity will be unaffected. C) price elasticity will increase. D) product will become perfectly inelastic.
Which of the following statements is not true about parametric tests?
A) Parametric tests are used when the independent variables are non-metric. B) The t test is a commonly used parametric test. C) The t statistic assumes that the variable is normally distributed and the mean is known (or assumed to be known) and the population variance is estimated from the sample. D) B and C are not correct.
Lincoln Company engaged in this transaction: Issued common stock for cash. Indicate which section, if any, the above transaction would appear in, or relate to, on a statement of cash flows
A) Operating activities section. B) Does not represent a cash flow. C) Investing activities section. D) Financing activities section.
Which type of culture is less likely to trust e-commerce?
A) Power B) Collectivist C) Asian D) Europeans E) Individualistic