Paden Company purchased merchandise from Emmett Company with freight terms of FOB shipping point. The freight costs will be paid by the

Name: Paden Company purchased merchandise from Emmett Company with freight terms of FOB shipping point. The freight costs will be paid by the
Brand: Quizplus
Rating: 4.9 (55 reviews)

Question

Quizplus · Accepted Answer

FOB shipping point means that the buyer is responsible for paying the freight costs once the goods are shipped. Therefore, in this case, Paden Company will be responsible for paying the freight costs.

Paden Company Purchased Merchandise from Emmett Company with Freight Terms