If the terms of the contract specify FOB (free on board) destination,then:
A) any loss or damage incurred during transportation is the responsibility of the seller.
B) the buyer is responsible for any loss during transportation.
C) the buyer assumes the responsibility and risk for the merchandise as soon it leaves the factory.
D) the buyer gets the title to the goods as soon as the invoice is made by the seller.
E) the goods are being sold on consignment.
Correct Answer:
Verified
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