When delivery is to be made by physically moving the goods, title passes at the time and place at which the seller completes performance with reference to delivery of the goods

Indicate whether the statement is true or false


True

Business

You might also like to view...

Which term below is defined as an overarching plan of action to guide top-level managers in creating, evaluating, and implementing decisions and objectives that lead to success?

a. Operational planning b. Tactical planning c. Divisional strategy d. Organizational strategy

Business

Answer the following statement(s) true (T) or false (F)

12. As a sole proprietorship, the owner is held personally liable for any problems the business incurs. 13. Fair use is a clearly defined area in U.S. law with absolute rules and boundaries. 14. A sole proprietorship is rarely the correct choice of legal structure for startups. 15. In a general partnership, if one partner is responsible for running the company into the ground, the other partner is not considered liable. 16. In a C corporation, the shareholders, not the corporation, are legally liable for a company’s actions. 17. Both the C-corp and the S-corp have to deal with double taxation, as there are two levels of tax to pay for both types of legal structures. 18. A disadvantage of a C corporation is that it cannot survive after the demise of its owners.

Business

In the context of the three types of expatriate compensation plans, which of the following statements is true about the balance-sheet approach?

A. It complicates long-term tax and retirement-benefits that make it a less desired alternative. B. It localizes expatriates in the host-country salary program. C. It is the least preferred alternative used by North American multinational organizations to compensate expatriates. D. It facilitates mobility among the expatriate staff in the most cost-effective way possible.

Business

A principal-employer is liable for the torts his employee commits within the scope of employment

Indicate whether the statement is true or false

Business