In Banking,organizational Form Follows _________,Because Banks Usually Are Organized in Such

question 50

Multiple Choice

In banking,organizational form follows _________,because banks usually are organized in such a way as to carry out the tasks and supply the services demanded of them.

• A)bank size
• B)management's decision
• C)function
• D)regulation
• E)location

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Definitions:

FOB Destination

A shipping term indicating that goods are delivered at the seller’s expense to a specific location, with ownership transferring to the buyer upon delivery.

FOB Shipping Point

A term indicating that the buyer assumes responsibility for shipping costs and liability once the goods leave the seller's premises.

Legal Title

Legal ownership of property or assets, which includes the right to use, sell or transfer them.

FOB Shipping Point

A shipping term indicating that the buyer assumes transportation costs and risk of loss once the goods leave the seller's premises.