If a product destroyed or damaged in transit is intended to be placed into general replacement inventory,then the retailer would likely receive ___________.
A)the retail price plus freight if previously paid
B)the wholesale price plus 20 percent
C)the retail price minus 20 percent
D)the wholesale price plus freight if previously paid

Question

Quizplus · Accepted Answer

When a product intended for retail inventory is damaged or destroyed in transit, the retailer is typically compensated with the wholesale price of the product plus any freight costs they had previously paid. This ensures the retailer is reimbursed for the cost of the goods as well as any shipping expenses incurred.

If a Product Destroyed or Damaged in Transit Is Intended