In an FOB place of shipment contract, the seller's obligation ends when he delivers the goods to a carrier for shipment.

Question

Quizplus · Accepted Answer

In an FOB place of shipment contract, the seller's obligation ends when he delivers the goods to a carrier for shipment. This means that the seller is responsible for the goods until they are loaded onto the carrier, after which the responsibility for the goods transfers to the buyer. Therefore, the statement is true.

In an FOB Place of Shipment Contract, the Seller's Obligation