Which of the following parties to a shipment contract bears the risk of loss of goods during transport?

A) the seller
B) the carrier
C) the buyer
D) the seller and the carrier


C

Business

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Which of the following qualitative characteristics of financial information requires that information NOT be biased in favor of one group of users to the detriment of others?

a. Relevance b. Reliability c. Verifiability d. Neutrality

Business

Which of the following companies would be the most likely to adopt a process costing system?

A) Law firm B) Toy retailer C) Motion Picture Producer D) Cement manufacturer

Business

Which of the following professional values from the PRSA Code of Ethics requires practitioners to "adhere to the highest standards of accuracy and truth . . . in communicating with the public"?

A. Advocacy D. Loyalty B. Honesty E. Fairness C. Independence

Business

Contentious jurisdiction is the power of the ICJ to give opinions about issues of international law at the request of the United Nations or one of its specialized agencies

Indicate whether the statement is true or false

Business