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    Accounting
  4. Exam
    Exam 6: Accounting for Merchandising Businesses
  5. Question
    If the Ownership of Merchandise Passes to the Buyer When
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If the Ownership of Merchandise Passes to the Buyer When

Question 76

Question 76

True/False

If the ownership of merchandise passes to the buyer when the seller delivers the merchandise for shipment, the terms are stated as FOB destination.

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