In Order to Be Valid, Freight Claims Must Be Filed

question 100

Multiple Choice

In order to be valid, freight claims must be filed within _____ of the date of actual or reasonable date of delivery.

• A)10 days
• B)30 days
• C)9 months
• D)2 years
• E)There is no time limit for filing freight claims.

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Definitions:

Payment Policy

Guidelines or procedures set by a company to manage how and when payments are made and received.

Economic Condition

The state of the economy at a given time, including factors such as GDP growth rates, unemployment rates, and inflation rates.

Capacity

The maximum level of output that a company can sustain to produce in a given period under normal conditions.

Net Credit Period

The amount of time allowed by a seller to the buyer to pay for the goods or services purchased on credit.