Examlex
Identify and state the historical significance of the following:
-William Lloyd Garrison
Perpetual Inventory System
A digital system for inventory management that immediately documents any inventory sale or purchase using electronic point-of-sale systems along with enterprise asset management software.
MasterCard and VISA
Major global payment networks and companies facilitating electronic funds transfers through branded credit, debit, and prepaid cards.
Service Fee
A charge for the provision of a service, often separate from the cost of goods sold.
FOB Destination
A shipping term indicating that the seller bears freight charges and retains ownership of goods in transit until they are delivered and accepted by the buyer.
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