Which of the following is not a characteristic of FOB Shipping Point? A. The buyer pays for
Question:
Which of the following is not a characteristic of FOB Shipping Point?
A. The buyer pays for shipping.
B. The buyer owns goods in transit.
C. The point of transfer is when the goods leave the seller’s place of business.
D. The point of transfer is when the goods arrive at the buyer’s place of business.
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Answer C The point of transfer is when the goods leave the sellers place of busin...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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