Available Types of Transportation Intermediaries Include All of the Following

question 102

Multiple Choice

Available types of transportation intermediaries include all of the following except

• A) common carriers.
• B) public carriers.
• C) private carriers.
• D) contract carriers.

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Definitions:

Loan

A sum of money that is lent and is due to be repaid along with interest.

Interest

The charge for borrowing money, typically expressed as an annual percentage of the principal, or the amount earned on invested funds.

Invested

Funds that have been allocated for a particular purpose, especially in financial instruments like stocks, bonds, or real estate with an expectation of generating a return.

Interest

The cost of borrowing money or the reward for saving, typically represented as a percentage of the principal amount over a specific period.