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If the Terms of Purchase Are FOB Shipping Point,title to the Goods

Question 29

Multiple Choice

If the terms of purchase are FOB shipping point,title to the goods passes from the vendor to the buyer ________.


A) when the merchandise leaves the vendor's warehouse
B) halfway between the vendor's warehouse and the buyer's warehouse
C) when the merchandise reaches the buyer's warehouse
D) when the merchandise is sold to the end user

Correct Answer:

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