Multiple Choice: Fach question is worth 3 points. 1. a. A single rail tanker car b. Truck What mode of transportation for oil has the largest volumetric capacity of the methods listed below? c. ULCC d. VLCC Which area of a trading firm would be in charge of the controls of counterparty and payment set-up process, daily reconciliation to clearing brokers, and sub-ledger and trading system to ledger reconciliation? A. Settlement B. Liquidity Management C. Financial Reporting. D. A and C only E. All of the above 2. -3. Which terms apply to the Incoterms for a FOB trade? a.
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