Question

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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