Describe Geocoding, Customer Clusters, and Location-Data Tracking

question 206

Essay

Describe geocoding, customer clusters, and location-data tracking.

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Definitions:

Documents of Title

Documents of title refer to legal documents that prove a person's right to ownership or control of goods, such as bills of lading or warehouse receipts.

Title

Legal term for the formal right of ownership of property.

Future Goods

Future goods are goods that are to be manufactured, produced, or acquired by the seller after the making of a contract of sale.

Risk of Loss

The potential for an investment or transaction to result in a decrease in value or financial loss.