Goods in Transit Which Are Shipped F

question 58

Multiple Choice

Goods in transit which are shipped f.o.b.destination should be

• A)included in the inventory of the seller.
• B)included in the inventory of the buyer.
• C)included in the inventory of the shipping company.
• D)none of these.

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Definitions:

Serious Crime

A criminal offense that is considered severely harmful to individuals or society, typically involving violence or the threat of violence, and carrying heavy penalties.

Imprisonment

The act of confining someone in a prison as a legal punishment for committing a crime.

Felony

A serious criminal offense that is usually punishable by imprisonment for more than one year or by death.

Capital Offense

A crime that is punishable by death under the legal system.