If the terms are FOB destination, the goods in transit are the property of the seller Example of Goods in Transit Let’s assume that both a company (seller) and its customer (buyer) have accounting periods which end on December 31. The company ships a truckload of merchandise on December 30 to a customer who is … Read more
Zones 4, 5 and 6 cover the space behind your vehicle. Zones 1 and 6 are in the same lane as your vehicle. Zones 2 and 4 are in the lane to your left. Zones 3 and 5 are in the lane to your right. Zone 7 is the area occupied by your vehicle, including … Read more
Explain equilibrium, equilibrium price, and equilibrium quantity First let’s first focus on what economists mean by demand, what they mean by supply, and then how demand and supply interact in a market. Demand for Goods and Services Mastering What is Display Advertising: Your Ultimate Guide 1. Which of the following refers to demand? a) The … Read more
Authority is the permission, conferred by the laws of a governing regime, to exercise power. Governments most often seek to authorize their power in the form of some decree or set of decrees—most often in the form of a legal constitution that sets out the scope of the government’s powers and the process by which … Read more
