What Happened to Stanford as a Result of Its Submissions

question 91

Multiple Choice

What happened to Stanford as a result of its submissions for federal reimbursements for research?

• A) Stanford repaid the funds and was not affected by the dispute
• B) Stanford's president was forced to resign
• C) Stanford was banned from receiving federal research dollars
• D) Both b and c

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Definitions:

Geographical Pricing

A pricing strategy where the price of a product or service varies depending on the geographical location or market.

FOB Freight-Allowed

A shipping term indicating that the seller pays for the transportation of goods to a specific location, but the buyer assumes the risk of loss once shipped.

Basing-Point Pricing

A pricing strategy where the price of goods includes transportation costs from a specific location, regardless of the actual shipment origin.

Deceptive Pricing

Pricing practices intended to mislead or trick consumers about the actual cost of a product or service.