Free on board (FOB) origin pricing is
A) a method of pricing where the price the seller sets includes all transportation costs.
B) a method of pricing where taxes and tariffs are adjusted based upon the city, state, or country of origin of a product and not its destination.
C) the price the seller quotes that includes only the cost of loading the product onto or into a vehicle and where the loading is to occur.
D) a method of pricing where taxes and tariffs are adjusted based upon the city, state, or country destination of a product and not its place of origin.
E) the buyer's naming the location of this loading as the seller's factory or warehouse.

Question

Quizplus · Accepted Answer

FOB origin pricing means the seller's price includes only the cost of loading the product onto a vehicle at the seller's location, and the buyer is responsible for transportation costs from that point.

Free on Board (FOB) Origin Pricing Is