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Goods Shipped from a Seller's Warehouse on April 10 Using

Question 48

Multiple Choice

Goods shipped from a seller's warehouse on April 10 using the terms FOB Shipping Point.On the way to the buyer's warehouse the truck hauling the goods wrecked and the
Goods were destroyed.Who will get the insurance check covering the loss?


A) The seller
B) The buyer
C) The seller and buyer split the loss.
D) The delivery company.

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