If merchandise is purchased ________, the buyer becomes the owner when the merchandise is placed on the carrier
Fill in the blank with the appropriate word.
Answer: F.O.B. shipping point
Business
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An "X" is not acceptable as a signature on a will according to the UPC.
a. true b. false
Business
The nominal interest rate of a loan is:
A. the maximum rate that may be charged by law B. the rate the borrower will actually pay, reflecting the total finance charge C. the amount of projected interest on an annualized rate D. the interest rate stated on the promissory note
Business