Determine Whether Each Sentence Is True or False

question 50

Short Answer

Determine whether each sentence is true or false.
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a. Every square is a rhombus. __________.
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b. Every rhombus is a square. __________.

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Definitions:

FOB Shipping Point

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

Title Passes

Refers to the transfer of ownership of property or goods from a seller to a buyer upon the fulfillment of certain conditions.

Shipment Date

The date on which goods are dispatched to a customer.

Cash Collected

The total amount of cash received by a company during a specific period, often from the sale of goods or services.