Third-Party Logistics Is the Term Used to Describe the Use

question 258

True/False

Third-party logistics is the term used to describe the use of outside firms to help move goods from here to there.

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Definitions:

Written Agreement

A contract or document outlining the terms and conditions agreed upon by parties, set down in writing to serve as evidence of the agreement.

Standard Of Care

The degree of caution and concern an ordinary, prudent person should take in specific circumstances, often used as a benchmark in legal and medical fields to assess performance or negligence.

Common Carrier

A carrier that is licensed to provide transportation services to the public.

Strictly Liable

Being legally responsible for damages or loss, irrespective of fault or intent.