The term "FOB" denotes: Group of answer choices free on board. freight on board. free only (to) buyer. freight charge on buyer.

Question

The term "FOB" denotes: Group of answer choices free on board. freight on board. free only (to) buyer. freight charge on buyer.
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Solution 1

The term "FOB" denotes:

Free On Board.

Here's why:

  1. FOB is a shipping term used in international trade to determine when the ownership of goods is transferred from the seller to the buyer.

  2. "Free On Board" means that the seller is responsible for the goods until they are loaded on board the Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

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