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Instructions: Choose the letter on the accompanying map of northeastern North America that correctly identifies each of the following: Lake Ontario
Collections
The process of pursuing payments of debts owed by individuals or businesses.
FOB Shipping Point
A term in shipping contracts indicating that the buyer is responsible for the goods, including the risk of loss and transportation costs, once the goods leave the seller's premises.
FOB Destination
A shipping term indicating that the seller retains ownership and responsibility for goods until they are delivered to the buyer's location.
Sales
The total amount of goods or services sold by a company during a specific period.
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