There Are Numerous Factors That Are Included in Rate Determination

question 2

True/False

There are numerous factors that are included in rate determination for a particular commodity. These factors include the following:
Shipping weight per cubit foot.Liability for damage.Perishability.Liability for damage to other commodities being transported.Liability for spontaneous combustion or explosion.Susceptibility to theft.Value per pound in comparison with other articles.ase or difficulty in loading and unloading.xcessive weight.xcessive length.are or attention necessary in loading and transporting.Trade conditions.Value of service.ompetition with other commodities transported.Quantity offered as a single consignment.

---

Definitions:

Performance Potential

The capacity or capability of an individual or system to achieve and maintain high levels of performance, often in a specific context.

Express Warranty

An explicitly stated assurance by a seller that the goods or services offered meet certain quality or performance standards.

Factor

An element or component that contributes to or influences a situation, outcome, or process.

Basis of the Bargain

The primary conditions and understandings that form the foundation of a contractual agreement.