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.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!