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In Class You Sit Up Front and Act as If

question 18

Multiple Choice

In class you sit up front and act as if you are really listening by maintaining eye contact and nodding in agreement with your instructor;however,your mind is far away and not focused on the lecture.You are demonstrating


Definitions:

FOB Destination

The point at which the seller pays all shipping costs and title passes on delivery.

Shipping Costs

The expenses associated with transporting goods from the seller to the buyer's location.

Title of Goods

The legal right to own, use, or sell a particular item of property, such as merchandise held for sale.

3/10 Net 30

A payment term indicating that a buyer can deduct 3% of the invoice amount if payment is made within 10 days; otherwise, the full amount is due within 30 days.

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