On the First Day of Your New Summer Job Working

question 140

Multiple Choice

On the first day of your new summer job working in a warehouse, you notice that groups of cartons have been stacked onto wooden palettes and wrapped together tightly with transparent plastic. Your boss explains that this is called unitizing. He mentions several reasons why the company unitizes except that:

• A) it makes cartons of goods easier to move within the warehouse.
• B) it reduces the cost of shipping the goods.
• C) it helps protect the goods from getting damaged.
• D) it helps protect the goods from getting pilfered or stolen.

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Definitions:

Inducement

The act of persuading or influencing someone to act, often involving an incentive or reward.

Without Recourse

A term indicating that the holder of a financial instrument cannot demand payment from the original promisor if the instrument defaults.

Shelter Rule

A legal principle that allows a person who acquires goods in good faith to obtain the rights in the goods identical to those the transferor had or had the power to transfer.

Negotiated

The process of discussing and reaching a mutual agreement on terms between parties.