Question: Understanding the freight terms FOB shipping point and FOB destination Required

Understanding the freight terms FOB shipping point and FOB destination

Required
Determine which party, buyer or seller, is responsible for freight charges in each of the following situations:
a. Sold merchandise, freight terms, FOB destination.
b. Sold merchandise, freight terms, FOB shipping point.
c. Purchased merchandise, freight terms, FOB destination.
d. Purchased merchandise, freight terms, FOB shipping point.


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  • CreatedMay 19, 2012
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