Indicate Whether Each of the Following Statements Is True or False

question 46

Short Answer

Indicate whether each of the following statements is true or false.
_____ a) The freight terms FOB shipping point increase the cost of inventory to the buyer.
_____ b) The term FOB means that goods are shipped free of charge to buyer and seller.
_____ c) FOB shipping point means that purchaser's responsibility ends at shipping point.
_____ d) FOB destination means that seller's responsibility ends at destination.
_____ e) When the seller of merchandise records freight under the terms FOB shipping point, the seller records an expense.

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Definitions:

Monomer Structure

The fundamental unit that binds chemically to other molecules to form a polymer.

Atactic Polystyrene

A form of polystyrene where the phenyl groups are randomly arranged, resulting in an amorphous material with no regularity in its structure.

Isotactic Poly(acrylonitrile)

A polymer form of acrylonitrile where the substituent groups are on the same side of the polymer chain, leading to a highly ordered structure.

Copolymers

Polymers derived from more than one species of monomer, resulting in a material with varied properties.