In Any Type of Contract or Quotation, Goods Stipulated as Ready

question 23

Multiple Choice

In any type of contract or quotation, goods stipulated as ready for delivery and clearly identifiable are

• A) C.I.F. (cost, insurance, freight).
• B) ascertained goods.
• C) C.O.D. (cash on delivery).
• D) subject to the five rules of title transfer.
• E) F.O.B. (free on board).

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Definitions:

Spatial Abilities

The capability to visualize, manipulate, and reason about spatial relations among objects or space.

Verbal Reasoning

The capability to understand, analyze, and derive conclusions from verbal information.

Flynn Effect

The observed rise over time in standardized intelligence test scores, attributed to various factors like improvements in nutrition, education, and environment.

IQ Scores

Numerical values derived from standardized tests designed to measure human intelligence and cognitive abilities.