Which of the Following Is False Regarding Concealed Damage

question 46

Multiple Choice

Which of the following is false regarding concealed damage?

• A)A user may discover concealed damages after opening a shipping container.
• B)Responsibility for concealed damage is often difficult to establish.
• C)The carrier may blame the supplier or maintain that the damage occurred after delivery of the material.
• D)The supplier may maintain total innocence and implicate the carrier.
• E)The bill of lading protects the carrier against charges of concealed damage.

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Definitions:

Increasing Opportunity Costs

A principle stating that as the production of a good increases, the opportunity cost of producing an additional unit of this good also increases.

Bowed-Out Shape

Describes a concave production possibilities frontier that reflects increasing opportunity costs as production of one good is increased.

Attainable And Unattainable

Describes whether a certain state or outcome can be achieved with the available resources (attainable) or not (unattainable), often used in the context of production and economics.

Prices Of Commodities

The current market values assigned to raw or primary products.