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Chapter 6 Question 1 What do these terms mean; when does ownership pass; and who pays shipping? (All answers must be cor
Posted: Thu May 05, 2022 5:40 am
by answerhappygod
- Chapter 6 Question 1 What Do These Terms Mean When Does Ownership Pass And Who Pays Shipping All Answers Must Be Cor 1 (34.7 KiB) Viewed 26 times
Chapter 6 Question 1 What do these terms mean; when does ownership pass; and who pays shipping? (All answers must be correct for credit.) FOB Shipping point- the seller of goods quotes a price. Ownership passes when the goods are being transported and the buyer covers shipping costs FOB Destination- The seller quotes the price. The seller owns the good during transport to the buyer location. The seller is responsible for shipping costs