What does "FOB" mean, when used as a shipping term?
A) Fee on Board
B) Fee on Basis
C) Freedom of Board
D) Free on Board
E) Free of Basis

Question

Quizplus · Accepted Answer

"FOB" stands for "Free on Board," a term used in international shipping to indicate that the seller is responsible for the goods until they are loaded onto the shipping vessel, at which point the responsibility shifts to the buyer.

What Does "FOB" Mean, When Used as a Shipping Term