Uniform Delivered Pricing

question 97

Multiple Choice

Uniform delivered pricing:

• A) creates no geographic price discrimination
• B) is sometimes called "postage stamp pricing"
• C) is prevalent in the steel,cement,corn oil,and lead industries
• D) is common where freight costs are a large portion of total costs
• E) is calculated from regional base points

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Definitions:

Drawer

The party in a transaction who writes a check or draft, instructing the bank to pay a specified amount of money from the drawer's account.

Drawee

A drawee is the party directed by the depositor to pay a certain amount to the person presenting the check or draft.

NSF

An abbreviation for "Non-Sufficient Funds", indicating that a check cannot be processed due to insufficient money in the account.

Prosecutor

A legal official who conducts criminal proceedings on behalf of the government.