Sunset Band,Inc.purchased merchandise from Rumble Music Company on June 5,2014.The goods were shipped the same day.The merchandise's selling price was $15,000.The credit terms were 1/10,n/30.The shipping terms were FOB shipping point.Sunset received the merchandise on June 10,2014.Sunset paid the amount due on June 13,2014. When did title to the merchandise transfer from Rumble Music Company to Sunset?
A) June 5,2014
B) June 10,2014
C) June 13,2014
D) Cannot be determined from the information provided
Correct Answer:
Verified
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