Where There Is No Course of Performance,usage of Trade,or Course

question 3

Multiple Choice

Where there is no course of performance,usage of trade,or course of dealing,and where a contract is silent as to the place of delivery,the place for delivery is:

• A) the seller's place of business.
• B) wherever the goods were manufactured.
• C) wherever the goods are located.
• D) the buyer's place of business.

---

Definitions:

Services Provided

The performance of work, assistance, or activities for the benefit of another individual or organization.

Expense Accounts

These accounts record the consumption of assets or services that occur during the operation of a business, leading to a decrease in owner's equity.

Revenue Accounts

Accounts in the general ledger that track the income generated by a company from its normal business operations.

Gain On Sale

The profit realized when a capital asset is sold for a higher price than its purchase price.