On ____,the freight bill is presented on the effective day of the shipment.

Question

Quizplus · Accepted Answer

Prepaid shipments mean that the shipper has already paid for the transportation costs, therefore the freight bill is presented on the effective day of the shipment. FOB origin shipments mean that the buyer bears the transportation costs and takes responsibility for the goods once they leave the origin, so the freight bill is presented after the shipment has been delivered to the destination. Collect shipments mean that the buyer pays for transportation costs upon receipt of the goods, so the freight bill is presented after the shipment has been delivered. FOB destination shipments mean that the seller bears the transportation costs and takes responsibility for the goods until they reach the destination, so the freight bill is presented after the goods have been delivered at the destination. None of these choices is not a correct answer in this case.

On ____,The Freight Bill Is Presented on the Effective Day