The Type of Bill of Lading Not Recommended for the Shipment

question 5

Multiple Choice

The type of bill of lading not recommended for the shipment of perishable goods is:

• A) a received-for-shipment bill of lading.
• B) an on-board bill of lading.
• C) a negotiable bill of lading.
• D) a straight bill of lading.

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Definitions:

Variable Costs

Expenditures that adjust based on the quantity of production or the scale of sales.

Utility Rates

Charges imposed by utility companies for the use of services such as electricity, gas, water, and sewer.

Contribution Margin

The amount by which the sale of a product or service exceeds its variable costs, used to cover fixed costs and contribute to net income.

Fixed Costs

Expenses that do not change with the level of production or sales over a relevant period, such as rent, salaries, and insurance.