In an EXW transaction the exporter and importer are required to agree on a mutually acceptable time/date for delivery. At which point does responsibility pass from exporter to importer?
(a) Once the shipment is at the destination
(b) At the point of origin.
(c) Once the shipment is in international waters
(d) As soon as import clearance is complete
(b) At the point of origin.
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Identification of goods is significant because:
A) It determines when the implied warranties become effective. B) It determines when a document of title is needed. C) It allows the contract to be a destination contract. D) It is the earliest that risk of loss can pass.
Mutual trust means that both management and employee strive to meet common objectives
Indicate whether the statement is true or false
When suppliers are encouraged to locate near manufacturing plants, the goal of the JIT partnership is to reduce ________ inventory
Fill in the blanks with correct word
Most group health insurance plans have adopted the coordination-of-benefits rules developed by the National Association of Insurance Commissioners
Under these rules, if a dependent child is covered by both of the health insurance plans of the child's married parents, which health plan is primary for the child's medical expenses? A) always the mother's plan B) always the father's plan C) the plan of the parent whose birthday occurs first in the calendar year D) the plan of the parent who works for the larger employer, based on number of total employees