Solved

Which of the Following Statements Is True About the Financial

Question 48

Multiple Choice

Which of the following statements is true about the financial terms and conditions of a sale?


A) Price is often the last question asked.
B) FOB installed indicates that title and responsibility are transferred before the equipment is installed and operating properly.
C) Not having the cash can only delay a sale, but not prohibit it.
D) Factors that affect price are the use of quantity and other discounts, as well as credit and shipping terms.
E) FOB origin means the buyer will take responsibility for the goods once they reach the buyer's location, and the seller will pay the freight.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions