Match the Term with Its Definition

question 16

Multiple Choice

Match the term with its definition.
-Lines of transport owned by shippers

• A)agents/brokers
• B)common carriers
• C)contract carriers
• D)distribution
• E)dual distribution
• F)merchant middlemen
• G)physical distribution (logistics)
• H)plant patent
• I)private carriers
• J)supply chain management
• K)third-party logistics firm (3PLs)

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Definitions:

Proceeds

Refers to the money or other benefits received from a transaction or event.

180 Days

A time period equivalent to roughly six months, often referenced in the context of deadlines or durations for specific actions or conditions.

Debtor

An individual or entity that owes money to another individual or entity, known as the creditor.

Financing Statement

A document filed to give public notice that a lender has a security interest in a debtor's personal property, used in secured transactions.