The Two Types of Contracts Named for the Point at Which

question 40

Multiple Choice

The two types of contracts named for the point at which responsibility for loss is transferred from seller to buyer is:

• A) Point of import, point of export.
• B) Origination, destination.
• C) Destination, shipment.
• D) None of the above; the seller always assumes the risk of shipment.

---

Definitions:

Social-cognitive

Relates to understanding how people process, store, and apply information about others and social situations, intertwining cognitive processes with social interactions.

Chronically Depressed

Experiencing depression or depressive symptoms persistently over an extended period.

Achievements

The successful completion of tasks or attainment of objectives, measured against known standards of excellence.

Unrealistic Optimism

The belief that positive outcomes are more likely than negative ones, often underestimating potential risks.