Asked Dec 18, 2019

Describe FOB shipping point and FOB destination. When does the buyer take ownership of the goods, and who typically pays the freight?


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FOB Shipping point means that the buyer pays all costs incurred for the delivery of goods once the goods is left from the supplier's warehouse. FOB Destination means that the buyer pays all costs incurred for the delivery of goods once the goods is delivered at buyer receiving point.


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