This topic contains a solution. Click here to go to the answer

Author Question: Chapters 11 and 13 are liquidation chapters. Indicate whether the statement is true or ... (Read 90 times)

xclash

  • Hero Member
  • *****
  • Posts: 681
Chapters 11 and 13 are liquidation chapters.
  Indicate whether the statement is true or false

Question 2

An importer in Germany requests a price quotation from a cotton broker in Memphis. The broker wishes to place the cotton in the hands of a multimodal terminal operator in Memphis for shipment through the port of New Orleans. He will pay the freight charges through to the German seaport, but he wishes the risk of loss to the cotton to pass to the German importer as soon as he places the cotton in the hands of the multimodal terminal operator in Memphis. The broker should quote his prices for the cotton:
 A) CIF Germany.
 B) FOB New Orleans.
 C) CPT New Orleans.
 D) Ex Factory.
 E)None of the above.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bookworm410

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

FALSE

Answer to Question 2

C




xclash

  • Member
  • Posts: 681
Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review


Jsherida

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Excellent

 

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

For a complete list of videos, visit our video library