Examlex

Solved

Which of the Following Does NOT Describe an Activity Managed

question 57

Multiple Choice

Which of the following does NOT describe an activity managed by distribution centres?


Definitions:

Sales Transaction

The process of exchanging a good or service for payment between a buyer and a seller.

Implied Warranty

A legal assumption that a product will meet basic standards of quality and functionality, even if not expressly stated.

Merchantable

A quality of goods being fit for the purpose for which such goods are ordinarily used, a requirement for sales under many commercial laws.

Trade or Market

generally refers to a specific area or industry where goods and services are bought and sold.

Related Questions