52.Incoterms Are Divided into Two Basic Categories-

question 49

Multiple Choice

52.Incoterms are divided into two basic categories-

• A)open account and L/C.
• B)general and water transport terms.
• C)ship and ground transport.
• D)export and domestic shipments.
• E)risk and nonrisk terms of sale (buyer's perspective).

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Definitions:

Social Identity Theory

A theory positing that individuals classify themselves and others into various social categories, like gender, race, and occupation, which influences their behaviors and attitudes.

Altruism

A special form of helping behavior, sometimes costly, that shows concern for fellow human beings and is performed without expectation of personal gain.

Helping Behaviour

Acts that intentionally benefit someone else.

Expensive Donations

Large or costly contributions made to support a cause, organization, or individual.