Well it is a toy manfacturing company and the intermediate good would be a toy plane
Answer:
True
Explanation:
Hi, the statement is true.
Incoterms (International Commercial Terms) are commercial terms, commonly used in international commercial transactions.
These terms determine the obligations, reponsabilities, costs and risks of both parts involved in a comercial transaction ( buyer and seller) where goods are delivered.
Incoterms rules are accepted worldwide.
The answer is <u>"Unlimited liability means the business is responsible for the debt it incurs. If the business cannot pay its bills, the debt burden transfers to the owner(s), and he/she/they are liable for all debt".</u>
Unlimited liability alludes to the lawful commitments general accomplices and sole proprietors since they are at risk for all business obligations if the business can't pay its liabilities. As it were, general accomplices and sole proprietors are in charge of satisfying the greater part of the organization obligations by and by if the organization can't make its installments.
In this sense, the entrepreneurs are boundlessly obligated for all the business activities. Claims make a major issue for accomplices with Unlimited liability.
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