Intermodal Transportation Is Combining Two or More Modes of Transportation;

question 95

True/False

Intermodal transportation is combining two or more modes of transportation; there is only a limited number of combinations.

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Definitions:

Cash Dividend

A payment made by a corporation to its shareholders, usually in the form of cash, as a share of the company's profits.

Common Stock

A form of corporate equity ownership, a type of security that represents ownership of a portion of a company, giving the holder voting rights.

Long-term Debt

Borrowed money that a company or individual must repay over a period longer than one year.

Equipment Trade

The act of exchanging one piece of business equipment for another, often to upgrade or replace assets.