Which of the Following Is a Characteristic of a Common

question 56

Multiple Choice

Which of the following is a characteristic of a common carrier bailment arrangement where possession of the goods rests with the bailee?

• A) the right to sell property on non-payment
• B) the owner is required to prove fault
• C) a presumption of carrier's liability
• D) an agreed value of any ensuring repairs

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Definitions:

Vertical Integration Mechanisms

Strategies used by companies to control or own their suppliers, distributors, or retail locations to streamline production and reduce costs.

Flatter Organization

Describes a company structure with few or no levels of middle management between staff and executives, enhancing decision-making and communication.

Horizontal Differentiation

The division of tasks, functions, or roles within an organization at the same hierarchical level to create specialization.

Organizational Hierarchy

The arrangement of individuals within an organization according to power, status, and job function, creating a structured chain of command.