Question: What does the term F . O . B . place of shipment mean? Group of answer choices The seller will place the goods in

What does the term F.O.B. place of shipment mean?
Group of answer choices
The seller will place the goods in possession of a carrier so they will be shipped to the buyer.
The seller is obligated to ensure the goods are delivered to the buyer.
The goods are being shipped by a merchant vessel.
The buyer paid the cost of insuring the goods.
The buyer must rectify the nonconformity.
The seller bears the loss.
The buyer bears the loss.

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