Asked by
Abdelrahman Thabet
on Nov 12, 2024
Verified
Who is responsible for the freight cost when the terms are FOB destination?
A) the seller
B) the buyer
C) the customer
D) either the buyer or the seller
FOB Destination
A shipping term indicating that the seller bears all costs and risks until the goods are delivered to the buyer's specified location.
Freight Cost
The charge incurred for transporting goods via air, land, or sea.
- Comprehend the influence of freight terms and the transfer of title on the costs associated with inventory.
Verified Answer
JN
Learning Objectives
- Comprehend the influence of freight terms and the transfer of title on the costs associated with inventory.