Freight terms will specify the point at which ownership of the goods is transferred from the seller to the buyer.

Name: Freight terms will specify the point at which ownership of the goods is transferred from the seller to the buyer.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Freight terms, often outlined in shipping agreements, determine the point during the transportation process at which ownership and risk of loss pass from the seller to the buyer.

Freight Terms Will Specify the Point at Which Ownership of the Goods