The Number of Part I Crimes in an Area Divided

question 20

Multiple Choice

The number of Part I crimes in an area divided by the number of people living in the area multiplied by 100,000 is called:

• A)Crime rate
• B)Arrest rate
• C)Recovery crime rate
• D)Clearance rate

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Definitions:

FOB Origin Pricing

A term used in shipping indicating that the buyer takes responsibility for shipping costs and risk of loss from the seller’s location.

Freight-Absorption Pricing

A pricing strategy where the seller absorbs all or part of the freight charges to encourage business in competitive markets or remote locations.

Resale Price Maintenance

An agreement between a supplier and a retailer in which the retailer agrees to sell a product at a specific price or above.

Discount Consumer Electronics

Retail or online stores offering electronic goods at reduced prices, typical of items that are surplus, refurbished, or off-season.