Freight terms of FOB shipping point mean that the
A) seller must debit freight out.
B) buyer must bear the freight costs.
C) goods are placed free on board at the buyer's place of business.
D) seller must bear the freight costs.

Question

Quizplus · Accepted Answer

FOB shipping point means that the buyer must bear the freight costs. The seller is responsible for the goods until they are delivered to the carrier, but after that, the buyer assumes responsibility for the shipment and must pay for the freight charges.

Freight Terms of FOB Shipping Point Mean That the