1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Liono4ka [1.6K]
3 years ago
14

According to Incoterms, the risk of loss under contract terms "FAS Name of Vessel" passes to the buyer when the goods are delive

red alongside the named vessel. True or False
Business
1 answer:
AnnyKZ [126]3 years ago
6 0

Answer: True

Explanation:

Free Alongside (FAS) is an International Commerce term (Incoterm) that is used to describe that a seller should deliver goods to within reach of a Buyer's transportation vessel so that it may be ready to be picked up by the Buyer's vessel easily.

"FAS Name of Vessel" means that the seller should deliver the goods next to the Vessel named so that it may then be re-loaded into the vessel. The risk therefore passes to the Buyer from the Seller once this is done.

You might be interested in
Gary lives in an area that receives high rainfall and thunderstorms throughout the year. Which device would be useful to him to
jekas [21]

What are the options?
6 0
3 years ago
Read 2 more answers
Selected financial data for Spark Enterprises follows for a production level of 120,000 units: (4 points) Total fixed costs $300
Marta_Voda [28]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Total fixed costs= 300,000

Total costs= $450,000

Units= 120,000

A) Unitary variable cost= 150,000/120,000= $1.25

B) Units= 75,000

<u>The fixed costs remain constant no matter how many units are made (between relevant ranges).</u>

Total fixed costs= $300,000

C) UNits= 160,000

Total variable costs= 1.25*160,000= $200,000

D) Units= 180,000

Total fixed costs= 300,000

Total variable costs= 1.25*180,0000= 225,000

Total costs= $525,000

6 0
3 years ago
"a branding strategy in which a firm uses a different brand for each of its products is called ____ branding."
Aleksandr-060686 [28]
<span>A branding strategy in which a firm uses a different brand for each of its products is called individual branding. With the use of this strategy, products from the same company are given a unique identity and name. This is especially useful when companies offer a wide range of products that cater different price markets. </span>
8 0
3 years ago
When independent measurers get similar results when using the same accounting measurement methods, the financial information is:
Deffense [45]

Answer: verifiable

Explanation:

A financial information is verifiable when the independent measurers get similar results when using the same accounting measurement methods.

In this scenario, the independent measures use thesame method but do their work separately without them knowing the results gotten by the other person. When there's similarity in the results, it shows that the results are verifiable.

6 0
2 years ago
Now that you have studied monopolistic competition, let's see how well you can distinguish a firm in a monopolistically competit
vlabodo [156]

Answer:

<u>Monopolistic Competition:</u>

4. a firm that faces a downward sloping demand curve.

<u>Perfect Competition:</u>

1. a firm that produces with excess capacity in

3. a firm that may earn in an economy profit or loss in the short run

5. a firm that that maximizes profits profit in the long by producing where MR = MC

<u>Both:</u>

2. a firm that has a firm that sets price greater than marginal cost.

Explanation:

7 0
3 years ago
Other questions:
  • "florence deposits $4,000 at the end of each year in an account earning 2.35% interest, compounded annually. what is the future
    6·1 answer
  • In a mixed market economy, what is a typical way the government can reduce unemployment? The government can pay for projects to
    15·2 answers
  • Hansel Corporation has requested bids from several architects to design its new corporate headquarters. Frey Architects is one o
    15·1 answer
  • Universal container sales reps can modify fields on an opportunity until it is closed. Only the sales operations team can modify
    14·1 answer
  • You have an outstanding student loan with required payments of $500 per month for the next four years. The interest rate on the
    11·1 answer
  • Describe the steps involved in closing the books. What’s is the most important output of the accounting cycle? What would happen
    8·1 answer
  • Shanghai Company sells glasses, fine china, and everyday dinnerware. They use activity-based costing to determine the cost of th
    14·1 answer
  • Ishowspeeed wager me for a brainlist
    5·2 answers
  • Sales Tax - You go to the store and purchase a shirt for $21.18, how much will you pay
    11·1 answer
  • The entry to record the issuance of common stock at a price above par includes a credit to?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!