One of the Best Ways to Develop a New Idea

question 9

Multiple Choice

One of the best ways to develop a new idea is to:

• A) withdraw from your daily work and relax.
• B) explore your own hobbies and areas of interest.
• C) think about consumer habits and demands.
• D) discuss with family and friends what they think you should do for a business.

---

Definitions:

FOB Shipping Point

A term indicating that the buyer assumes responsibility for shipping costs and liability once the goods leave the seller's premises.

Legal Title

Legal ownership of property or assets, which includes the right to use, sell or transfer them.

FOB Shipping Point

A shipping term indicating that the buyer assumes transportation costs and risk of loss once the goods leave the seller's premises.

Consignee

The individual or entity designated to receive goods being shipped or transported, who may not be the actual owner of the goods until certain conditions are met.