Question: Question 35 (2 points) A shipment has been described as FOB destination on a Bill of Lading. Therefore: The transporting firm assumes ownership and liability

Question 35 (2 points) A shipment has been described as FOB destination on a Bill of Lading. Therefore: The transporting firm assumes ownership and liability for the shipment from the origin to the destination The buyer (consignee) assumes ownership and liability for the shipment from the origin to the destination The transporting firm assumes liability, but not ownership, for the shipment from the origin to the destination The shipper assumes ownership and liability while the goods referenced are in transit from the origin to the destination Question 31 (2 points) Under International Commerce Terms (Incoterms) the seller assumes greatest responsibility with ExWorks (EXW) terms, whereas the consignee assumes greatest responsibility with Delivered Duty Paid (DDP) terms. True False

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