Examlex

Solved

Rohan Created a Bailment by Providing Goods to Hi-Way Transport

question 51

Multiple Choice

Rohan created a bailment by providing goods to Hi-way Transport Co (HTC) ,which is a common carrier.The goods were damaged during the bailment.Which of the following statements is TRUE?


Definitions:

Acquires Distributors

The process by which a company purchases or assumes control over distribution firms to streamline its supply chain and improve market access.

Forward Integration

A business strategy where a company controls the distribution or the supply chain for its products.

Acquires Distributors

The process by which a company takes ownership of distribution channels or companies to enhance its supply chain effectiveness and market reach.

Stability Strategy

A business approach aimed at maintaining the current status quo in terms of growth rate, revenues, and operational scale, often used in predictable environments.

Related Questions