The term used when the seller is responsible for the cost of freight is:
A) F.O.B. shipping point.
B) F.O.B. destination.
C) Freight-In.
D) Purchases.

Name: The term used when the seller is responsible for the cost of freight is: A) F.O.B. shipping point. B) F.O.B. destination. C) Freight-In. D) Purchases.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

F.O.B. destination means the seller bears the freight costs and retains ownership until the goods reach the buyer's location, making the seller responsible for the cost of freight.

The Term Used When the Seller Is Responsible for the Cost