What Is a Private Carrier

question 39

Multiple Choice

What is a Private Carrier?

• A) a trucking firm whose stock is not listed on any of the stock exchanges
• B) a trucking firm whose name does not appear on the equipment
• C) a tricking operation that only hauls freight for the firm which owns it
• D) a trucking firm that is not registered with the FMCSA

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Definitions:

Bonds

Fixed income investments representing a loan made by an investor to a borrower, typically corporate or governmental.

Loan Money

The act of giving money, property, or other material goods to another party in exchange for future repayment of the principal amount, along with interest or other finance charges.

Lottery

A form of gambling involving the drawing of numbers for a prize.

Winnings

Refers to the money or prizes earned from gambling, contests, or competitions.