The term FOB shipping point means that the ownership of the goods is vested on the buyer upon receipt of the goods thereof.
The term FOB shipping point means that the ownership of the goods is vested on the buyer upon receipt of the goods thereof.
Chapter6: Merchandising Transactions
Section: Chapter Questions
Problem 19MC: Which of the following is not a characteristic of FOB Shipping Point? A. The buyer pays for...
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The term FOB shipping point means that the ownership of the goods is vested on the buyer upon receipt of the goods thereof.
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