When a customer takes title to goods at the point where a carrier assumes responsibility for the goods and the customer agrees to pay for the freight from the factory to the customer's preferred destination, this is known as:
A) geographical pricing.
B) free- on- board pricing.
C) price- location discounting.
D) customer- segment discounting.
E) uniform delivered pricing.

Question

Quizplus · Accepted Answer

This scenario describes free-on-board (FOB) pricing, where ownership of the goods transfers to the customer at the point where the carrier takes responsibility and the customer agrees to pay for freight from that point to their desired location.

When a Customer Takes Title to Goods at the Point