If goods in transit are shipped FOB destination a. No one has legal title to the goods
Question:
a. No one has legal title to the goods until they are delivered.
b. The seller has legal title to the goods until they are delivered.
c. The transportation company has legal title to the goods while the goods are in transit.
d. The buyer has legal title to the goods until they are delivered.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 55% (9 reviews)
b The seller has legal title to the ...View the full answer
Answered By
Saud Ur Rehman
Evaluating manufacturing processes by designing and conducting research programs; applying knowledge of product design, fabrication, assembly, tooling, and materials; conferring with equipment vendors; soliciting observations from operators. Developing manufacturing processes by studying product requirements; researching, designing, modifying, and testing manufacturing methods and equipment; conferring with equipment vendors. Keeping equipment operational by coordinating maintenance and repair services; following manufacturer's instructions and established procedures; requesting special service.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Cost Accounting questions
-
Analyzing Items to Be Included in Inventory Based on its physical count of inventory in its warehouse at year-end, December 31, 2011, Madison Company planned to report inventory of $34,500. During...
-
Analyzing Items to Be Included in Inventory Walker Company has just completed a physical inventory count at year-end, December 31, 2011. Only the items on the shelves, in storage, and in the...
-
Based on its physical count of inventory in its warehouse at year-end, December 31, 2010, Austin Company planned to report inventory of $34,500. During the audit, the independent CPA developed the...
-
1. Dependence of business on environment (Define) 2. Business and environment ethics (Define) 3. Ethical behaviour includes 1) 2) 3) Business and Ecological (environmental ethics)
-
Two 5-in.-diameter pipes (pipe 1 and pipe 2) are supported every 10 ft by a small frame like the one shown. Knowing that the combined weight per unit length of each pipe and its contents is 22 lb/ft...
-
Radiocarbon dating is a method used by scientists to estimate the age of ancient objects that were once living matter, such as bone, leather, wood, or paper. All of these contain carbon, a proportion...
-
What are the roles of state and federal governments in dealing with globalization? What is governments role in protecting citizens from the potential negative effects of globalization? What kinds of...
-
Alfonza Incorporated presents its statement of cash flows using the indirect method. The following accounts and corresponding balances were drawn from the company's 2017 and 2016 year-end balance...
-
Following are a number of costs that may be relevant in decisions faced by the management of Svahn. AB. a Swedish manufacturer of sailing yachts: Page 429 Case 2 Case 1 Not Relevant Relevant Not Item...
-
Ellipses Corp is a small business that operates in Herndon, VA. The company is located at10 Period Lane, Herndon, VA 20170. Its federal Employer Identification Number is 77-7777777, and its...
-
Assume the following cost of goods sold data for a company: 2018 $ 1412000 2017 $ 1221000 2016 $ 1021000 If 2016 is the base year, what is the percentage increase in cost of goods sold from 2016 to...
-
Fragment Company, Inc. is a wholesaler that sells merchandise in large quantities. Its catalog indicates a list price of $300 on a particular product and a 40% trade discount is offered for quantity...
-
Use the data from Exercise 1 for the first two years to construct a stem-and-leaf plot with 7 rows. 70 27 20 18 18 62 104 7072211 21 17 127 104 170 42 38 40 19 19 48 102 005 200 Yea 56 83 31 15 17 17...
-
Based on the case, Insights Analytics: Technology for a Knowledge Management Program attached . Please explain all 8 points. Explanation of each point should be 300words . Please attach the reference...
-
When women were finally allowed to become pilots of fighter jets, engineers needed to redesign the ejection seats because they had been originally designed for men only. The ejection seats were...
-
What will be the output of the following code snippet? with open ("hello.txt", "w") as f: f.write("Hello World how are you today") with open('hello.txt', 'r') as f: data = f.readlines () for line in...
-
Assume that females have pulse rates that are normally distributed with a mean of p = 72.0 beats per minute and a standard deviation of o = 12.5 beats per minute. Complete parts (a) through (c)...
-
The proposed rates were not in the range the CEO expected given the pricing analysis. The CEO has asked the pricing actuary to verify the total projected loss cost excluding potential large storm...
-
If find a, b, c, d so that AB = BA. a b -=[ @ $ ] C d A and B = 1 1 -1 1
-
For the following exercises, write the first four terms of the sequence. a n = 2 n 2
-
The water flowing through a 1.9 cm (inside diameter) pipe flows out through three 1.3 cm pipes. (a) If the flow rates in the three smaller pipes are 26, 19, and 11 L/min, what is the flow rate in the...
-
Water is moving with a speed of 5.0 m/s through a pipe with a cross-sectional area of 4.0 cm2. The water gradually descends 10 m as the pipe cross-sectional area increases to 8.0 cm2. (a) What is the...
-
The intake in Figure has cross-sectional area of 0.74 m2 and water flow at 0.40 m/s. At the outlet, distance D = 180 m below the intake, the cross-sectional area is smaller than at the intake and the...
-
Suppose I have computed the cost of carbon per mile for my car at 0 . 0 1 2 per mile. Assume that the interest rate is 4 % and that I drive the car 2 8 , 0 0 0 miles per year. What is the present...
-
Imagine that in stable growth period, the firm earns ROIC of 10% and has after tax EBIT of 200 and reinvestment $ of 40. What is the steady state growth rate? 20% O 10% 2%
-
Tanner-UNF Corporation acquired as a long-term investment $160 million of 5.0% bonds, dated July 1, on July 1, 2021. Company management has the positive intent and ability to hold the bonds until...
Study smarter with the SolutionInn App