If the Ownership of Merchandise Passes to the Buyer When

question 76

True/False

If the ownership of merchandise passes to the buyer when the seller delivers the merchandise for shipment, the terms are stated as FOB destination.

Understand who is most qualified and responsible for writing the business plan.

Grasp the concepts of market analysis and the identification of target markets, competition, and market share in the business plan.

Comprehend the significance and components of an executive summary as a concise overview of the business plan.

Recognize the resources available for business planning assistance, including Small Business Development Centers.