Which of the Following Would a Shipping Company Adopt in Order

question 117

Multiple Choice

Which of the following would a shipping company adopt in order to set a price that would charge its customers based on the actual distance?

• A)Seasonal discounts
• B)Cash discounts
• C)Geographic pricing
• D)Quantity discounts
• E)Uniform delivered pricing

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Definitions:

Life Estate

An ownership interest in which the holder has the right to possess the property until his or her death.

Waste

The improper use, consumption, or destruction of property, especially in relation to real estate, that significantly reduces its value.

Future Holder

A future holder refers to an entity or individual who will hold a right, position, or property at a future date.

Fee Simple Absolute

An ownership interest in which the holder has exclusive rights to ownership and possession of the land to the holder; the most comprehensive type of estate.