Using Third-Party Logistics Involves Using Your Organization's Logistics Function to Ship

question 81

True/False

Using third-party logistics involves using your organization's logistics function to ship to customers that are not officially part of the supply chain.

---

Definitions:

Bailment

The transfer of possession and control of personal property to another with the intent that the same property will be returned later.

Bailee

The person to whom personal property is transferred under a contract of bailment.

Bailor

The person who transfers personal property under a contract of bailment.

Borne

Carried or transported by the thing specified; often used to indicate who bears the responsibility for paying costs or charges.