If the Terms of the Contract Specify FOB (Free on Board)factory,then

Multiple Choice

If the terms of the contract specify FOB (free on board) factory,then:

A) the seller has title until the goods are received at the destination.
B) the seller is responsible for any loss during transportation.
C) the buyer assumes the responsibility and risk for any loss during transportation.
D) the seller does not expect payment for the merchandise until it reaches its destination.
E) the goods are being sold on consignment.