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katrin [286]
4 years ago
7

Which of the following is a correct statement regarding the shipment of goods?

Business
1 answer:
Nutka1998 [239]4 years ago
6 0

Answer:

The answer is A) The shipping document must be in paper form.

Explanation:

When you are shipping goods (specially if you´re exporting or importing goods) you need a lot of paperwork done. The carrier, customs official, the banks involved, insurance companies, etc., all require several types of documents. The most important ones are:

  • Proforma invoice
  • Bill of Lading
  • Shipper´s Letter of Instructions (SLI)
  • Packing List
  • Commercial Invoice
  • Customs documents
  • Certificates of Origin
  • Dangerous Goods forms
  • Bank Draft

And all those documents need to be in paper form and some require several copies.

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Loren files a suit against Mabel, alleging a failure to pay for the harvest of Mabel's orchards. Mabel denies Loren's charge and
True [87]

Answer: COUNTERCLAIM

Explanation: Counterclaim is a term mainly used in legal matters,to refer to claim allegedly made by a defendant against the claims of an apellant. The issues concerning Loren and Mabel is a case of Counterclaim.

Counterclaim puts both persons involved in the suit in the same level,as the Court will have to review both claims and determine who is at fault or guilty and the level of Compensation required by either or both of the parties.

4 0
3 years ago
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PLEASE HELP ME IM STUCK ON THIS
iren [92.7K]
C because it’s something you pay every month
8 0
3 years ago
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Cushman Company had $812,000 in sales, sales discounts of $12,180, sales returns and allowances of $18,270, cost of goods sold o
Svetach [21]

Answer:

$395,850

Explanation:

Calculation for Cushman Company Gross profit

Using this formula

Gross Profit=Sales-Sales discounts-Sales returns and allowances-Cost of goods sold

Let plug in the formula

Gross Profit = $812,000 - $12,180 - $18,270- $385,700

Gross profit= $395,850

Therefore Cushman Company Gross profit will equal $395,850

3 0
3 years ago
An operation's Beginning Inventory for an accounting period equaled $15,000. Ending Inventory for the period equaled $14,000, Pu
kherson [118]

Answer:

$1,500

Explanation:

Data provided:

operation's Beginning Inventory = $15,000

Purchases = $21,500

Ending Inventory for the period = $14,000

Total Cost of Sales = $21,000

Now,

The amount of this operation's Employee Meals in the period

= Beginning Inventory + Purchases - Ending Inventory - Total Cost of Sales

= $15,000 + $21,500 - $14,000 - $21,000

= $1,500

3 0
3 years ago
What type of Decision Making Model has the goal of maximizing efficiency by picking the best alternative based on specific crite
madreJ [45]

Answer:

Rational model.

Explanation:

Rational decision model uses logic and objectivity while trying to solve a problem. It is not subjective neither does it have to depend on intuition. It helps one to identify a problem and get a solution amongst different options. It maximizes efficiency through picking the best option amongst the rest based on a specific criteria. It is assumed that the person making this choice has enough information about the options.

6 0
3 years ago
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