Examlex
Base your answer using the following version of Modulus 11-check digit found in Chapter 6.
For a four-digit account number:
1.Multiply each digit separately by the corresponding digit in the sequence: 5,4,3,2.
2.Add results of digit multiplication in Step 1,digit-by-digit.
3.Subtract Step 2 results from the next highest multiple of 11.
4.The Step 3 result is the check digit.
Required: Calculate the check digit for each of the following account numbers:
a.2596
b.7428
Destination Contract
A contract specifying that the sale of goods will be completed upon their arrival at a specified location.
F.O.B. City
Refers to "Free on Board" at a certain city, indicating that the seller is responsible for the goods until they are loaded onto a transport vehicle at a specified location.
Express Warranty
An explicit guarantee by a seller regarding the condition, quality, or performance of a product or service.
Basis of Bargain
The fundamental assumptions or agreements that form the underlying basis for a contract or transaction.
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