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Sergeu [11.5K]
3 years ago
12

Winston churchill's stamp collection was valued at $14 million when he died. at auction, it brought in only $4 million. what was

it worth? why?
Business
1 answer:
katrin2010 [14]3 years ago
6 0

$4 million.

An item is worth what the market is willing to pay for it, which is sometimes different than the estimated value.

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_____________ include all of the groups and/or individuals affected by a decision, policy, or operation of a firm or individual.
jeka57 [31]

Answer:

<u>Business ethics.</u>

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You have purchased a small medical office building in Hoboken for $3,500,000 and financed the acquisition by borrowing $2,500,00
umka21 [38]

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2 years ago
If A sells to B, and B obtains title while goods are in transit, the goods were shipped .If C sells to D, and C maintains title
astraxan [27]

Answer:

The answer is a. Free on Board (FOB) shipping point, Free on Board (FOB) destination.

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In the case of A to B, the goods were shipped at FOB shipping point because the title passes to B while the goods are in transit. FOB shipping point means that the seller of a goods passes the title to the buyer at the point where the goods are being delivered to the designated carrier of the buyer.

In FOB shipping point, once the goods have transferred to the carrier to convey to the buyer, the buyer obtains title immediately not minding that the goods are yet to arrive at the buyer`s door. In addition, any risk of damage or loss of goods in transit are solely borne by the buyer because title has passed immediately seller transfers the goods to the carrier designated by the buyer.  This is true in A to B case because B obtains title while goods are in transit. So the goods were shipped at FOB shipping point.

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