What Is a "Piggy-Back" Service

question 224

Multiple Choice

What is a "piggy-back" service?

• A) Shipping by a combination of truck and rail
• B) Airlines that ship race horses to Europe in specially equipped airplanes
• C) Shipping by a combination of water and rail
• D) Shipping by a combination of air and rail
• E) Shipping by a combination of water and truck

---

Definitions:

Specific Undertaking

A Specific Undertaking refers to a particular project or task that is distinctly defined within the scope of work or agreement.

Joint Venture

A business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task, which could be a new project or any other business activity.

Countertrade Deals

Transactions where goods and services are exchanged directly for other goods and services, without using currency as an intermediary.

Heavy Debt Burdens

Refers to situations where individuals, companies, or countries owe large amounts of money, making it difficult to manage finances or invest for the future.