________ Refers to Buying Large Carload Lots and Dividing Them

question 137

Multiple Choice

________ refers to buying large carload lots and dividing them into smaller units before shipping them out to consumers.

• A) Bulk breaking
• B) Containerization
• C) Wholesaling
• D) Warehousing
• E) Broking

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Definitions:

Oral Contract

An agreement made through spoken words rather than written documentation, which can be legally binding in some cases.

Statute of Frauds

The Statute of Frauds is a legal doctrine that requires certain types of contracts to be in writing and signed by the parties involved to be enforceable.

Oral Evidence

Testimony given by a witness in court or during a legal proceeding that is spoken and not written.

Written Contract

A legally binding agreement between two or more parties that is put in writing and signed by the parties.