F.O.B.origin shipment designates that the buying firm becomes owner when the material is delivered onto the buyer's receiving dock.

Name: F.O.B.origin shipment designates that the buying firm becomes owner when the material is delivered onto the buyer's receiving dock.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

F.O.B. origin shipment means the buyer becomes the owner of the goods at the moment the goods are shipped, not when they arrive at the buyer's receiving dock.

FOBOrigin Shipment Designates That the Buying Firm Becomes Owner When