Which of the Following Terms Applies to the Sale of a Particular

question 31

Multiple Choice

Which of the following terms applies to the sale of a particular brand of jeans manufactured in the U.S.and sold in Canadian stores?

• A)exporting
• B)outsourcing
• C)insourcing
• D)importing

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Definitions:

Loss

The detriment, disadvantage, or deprivation from losing something.

Strictly Liable

Legal principle requiring no proof of fault or negligence; one is liable simply because an action caused damage or harm.

Common Carriers

Entities that provide transportation or communication services to the public under license or authority from a regulatory body.

Warehouse Companies

Businesses that specialize in storing goods, products, or commodities in large buildings before they are distributed for sale or further production.