Multiple Choice
What is the meaning of the terms "F.O.B. shipping point"?
A) The buyer takes ownership of the goods once they arrive at their receiving location.
B) The point at which the buyer takes legal possession of the goods.
C) The buyer takes ownership of the goods as soon as they are shipped to the buyer.
D) The seller remains liable for any loss or damage incurred during shipment.
Correct Answer:
Verified
Correct Answer:
Verified
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