FOB destination of a Merchandise Business means: a. Seller is not responsible for the goods b. Buyer is responsible for paying the freight charges. c. Seller is responsible for paying the freight charges. d. Goods are placed free on board to the buyer's place of business.

FOB destination of a Merchandise Business means: a. Seller is not responsible for the goods b. Buyer is responsible for paying the freight charges. c. Seller is responsible for paying the freight charges. d. Goods are placed free on board to the buyer's place of business.

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter6: Merchandising Transactions

Section: Chapter Questions

Problem 17MC: Which of the following is not a characteristic of FOB Destination? A. The seller pays for shipping....

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Question

FOB destination of a Merchandise Business means:
a. Seller is not responsible for the goods
b. Buyer is responsible for paying the freight
charges.
c. Seller is responsible for paying the freight
charges.
d. Goods are placed free on board to the
buyer's place of business.

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