Savannah Creations contracted to sell $10,000 of coastal Georgia style crafts to Big City Retailing in London.

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Savannah Creations contracted to sell $10,000 of coastal Georgia style crafts to Big City Retailing in London. To be shipped from Savannah to Felixstowe, England, FOB Incoterms 2010.

If the ship catches on fire during the trip and all the goods are destroyed, who has the risk of loss?

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Accounting for Decision Making and Control

ISBN: 978-0078025747

8th edition

Authors: Jerold Zimmerman

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Posted Date: May 10, 2023 05:43 AM

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Savannah Creations contracted to sell $10,000 of coastal Georgia style crafts to Big City Retailing in London.

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According to the FOB Free on Board Incoterms 2010 the risk of loss or dam... View the full answer

Accounting for Decision Making and Control

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