Chapter 5, Problem 1QS

To determine

Concept Introduction:

Merchandising is an activity undertaken to promote the sales of the goods. It is done by each company to increase the sale of its products. There are several ways to do merchandising, like Free on board (FOB) facility, Sales discount, Trade discount, Credit facility, etc. FOB is a facility provided by the international sellers to the buyers, wherein the seller sends the goods to the buyer at his own expenses.

To determine: The term that most closely matches the definition given in the question.