A Company Has Purchased Inventory and Receives an Invoice That

question 99

Multiple Choice

A company has purchased inventory and receives an invoice that indicates that the buyer must pay the transportation costs of delivering the merchandise.Which of the following will most likely be noted as the delivery terms?

• A) FOB destination
• B) FOB shipping point
• C) FOB 2/10, n/30
• D) None of the above

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Definitions:

Connective

A logical structure that creates a compound proposition from component propositions.

Proposition

A statement or assertion that expresses a judgement or opinion that can be either true or false.

Connective

In logic and philosophy, a term or operator that connects two propositions or parts of a proposition, such as "and", "or", and "not".

Proposition

A statement that can either be true or false, used in logic to construct arguments or prove theories.