0 The FOB term is used with an identifiedphysical location to determine_a. None of the optionsb. The point at which title for theshipment passes from Seller toBuyerc. Both the responsibility and basis forpayment of freight charges and thepoint at which title for the shipmentpasses from Seller to BuyerO d. The responsibility and basis forpayment of freight charges

FOB stands for Free on Board. This is a shipment term used to show that whether buyer or seller…

The FOB term is used with an identified physical location to determine а. None of the options O b. The point at which title for the shipment passes from Seller to Buyer С. Both the responsibility and basis for payment of freight charges and the point at which title for the shipment passes from Seller to Buyer O d. The responsibility and basis for payment of freight charges

The FOB term is used with an identified physical location to determine а. None of the options O b. The point at which title for the shipment passes from Seller to Buyer С. Both the responsibility and basis for payment of freight charges and the point at which title for the shipment passes from Seller to Buyer O d. The responsibility and basis for payment of freight charges

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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