The trade term "________" is used when the seller fulfills his obligations to deliver the goods passed over the ship's rail at the named port of shipment.

Name: The trade term "________" is used when the seller fulfills his obligations to deliver the goods passed over the ship's rail at the named port of shipment.
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Question

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"Free on board" or FOB is the trade term used when the seller fulfills their obligation by delivering the goods passed over the ship's rail at the named port of shipment.

The Trade Term "________" Is Used When the Seller Fulfills