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Suppose a balloon was inflated with nitrogen gas to a volume of 1.0 L at 20oC, then placed into a freezer kept at -80oC. Once it cooled to -80oC, the new volume of the balloon was ____ L.
CIF
Cost, Insurance, and Freight, a trade term requiring the seller to arrange for the carriage of goods by sea to a port of destination, and provide the buyer with the documents necessary to obtain the goods from the carrier.
Shipping Term
Refers to agreed terms between a seller and buyer that outline the details about the delivery of goods, including who is responsible for shipping costs and risk of damage.
Negotiable Document
A written instrument, such as a bill of exchange, promissory note, or check, that guarantees payment of a specific amount of money and is transferable among different parties.
Goods-in-bailment
Items that are temporarily delivered to someone (the bailee) for custody or storage, without transfer of ownership.
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