EverSafe Corporation in New York sells a truckload of protective suits, masks, and other safety gear to Foundry Inc. in Connecticut, "F.O.B. New York." EverSafe arranges with Geo Truckline to transport the goods. The cost of the transport will be paid by

Question

Quizplus · Accepted Answer

F.O.B. (free on board) means that the seller (EverSafe) is responsible for the cost of transportation up to the point of delivery. In this case, the point of delivery is New York, so EverSafe is responsible for the cost of transportation to New York.

EverSafe Corporation in New York Sells a Truckload of Protective