A Local Bakery Is Acting as a _____ When It

question 137

Multiple Choice

A local bakery is acting as a _____ when it sells desserts to a restaurant.

• A)wholesaler
• B)retailer
• C)franchiser
• D)franchisee

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Definitions:

F.O.B. Hilltop Farm

A shipping term indicating that the buyer assumes responsibility for the goods once they are shipped from Hilltop Farm.

Intrastate Trucking Company

A company that operates trucks only within the boundaries of a single state, not crossing any state lines.

Lost In A Fire

Describes items, possessions, or assets that have been destroyed or severely damaged due to a fire incident.

Voidable Title

A situation in which the transfer of title to property can be invalidated due to certain circumstances like fraud or misrepresentation.