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Allocating specific, limited resources to specific activities is called…
Shipment Contract
A legal agreement specifying that the seller will arrange for goods' transportation to a specific destination, but the risk of loss passes to the buyer once the carrier takes possession.
Destination Contract
A contract specifying that the seller is responsible for delivering goods to a particular destination, with the risk of loss transferring upon delivery.
Bill Of Lading
A legal document issued by a carrier to a shipper, detailing the type, quantity, and destination of the goods being carried.
Title
A legal term referring to the legal right of ownership of property or asset.
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