If goods are shipped FOB destination, which of the following is true? A. Title to the goods
Question:
If goods are shipped FOB destination, which of the following is true?
A. Title to the goods will transfer as soon as the goods are shipped.
B. FOB indicates that a price reduction has been applied to the order.
C. The seller must pay the shipping.
D. The seller and the buyer will each pay 50% of the cost.
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Concept introduction FOB destination FOB destination stands for Free On Board destination It is a te...View the full answer
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Related Book For
Principles Of Accounting Volume 1 Financial Accounting
ISBN: 9781593995942
1st Edition
Authors: Mitchell Franklin, Patty Graybeal, Dixon Cooper, OpenStax
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