If the buyer is to pay the transportation cost of delivering merchandise, were the goods shipped FOB destination or FOB shipping point?
What will be an ideal response?
FOB shipping point
The terms FOB shipping point and FOB destination identify whether the buyer or the seller is responsible for freight costs. If goods are delivered FOB shipping point, the buyer is responsible for the freight cost. If goods are delivered FOB destination, the seller is responsible.
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The face value of a bond is $71,000, its stated rate is 7%, and the term of the bond is five years. The bond pays interest semiannually. At the time of issue, the market rate is 8%. Determine the present value of the bonds at issuance.
A) $50,844
B) $20,156
C) $68,152
D) $71,000
According to Walters et al. (2005), which of the following is associated with a ‘weak’ workplace health and safety culture:
a. workforces with a high degree of numerical flexibility b. poor employee consultation over healthy and safety issues c. organisations in the manufacturing sector d. firms competing on the basis of high quality
In the case of Eastman Kodak Co v. Image Technical Services, Inc the U.S. Supreme Court identified the exact conduct, beyond mere possession of monopoly power, which violates Section 2 of the Sherman Act
a. True b. False Indicate whether the statement is true or false
Which of the following is not a characteristic that is helpful for an entrepreneur to have?
A. self-confidence B. caution C. self-esteem D. drive