________ is the procurement of selected value-chain activities, including production of intermediate goods or finished products, from independent suppliers

A) Purchasing power parity
B) Outsourcing
C) Privatization
D) Nationalization

B

Business

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A buyer purchased a house for the listed prise of $180,000. After closing the buyer discovered the seller had taken the remote garage door opener and house keys. The buyer would have a valid claim to these items because they would most likely be considered:

A. Fixtures. B. Chattel (personalty). C. Emblements. D. Trade fixtures.

Business

Which of the following is true of a contract in which the goods were destroyed, of no fault of the buyer or seller, before the title to goods passed to the buyer?

A) The buyer has to still pay for the destroyed goods. B) The seller and buyer are excused from contractual obligations. C) The buyer can successfully claim for replacements from the seller. D) The seller is obligated to make a new shipment as the previous contract.

Business