_________________is a term of price in which the seller covers all costs and risks up to the point whereby the goods are delivered on the board of the ship.

Question

Quizplus · Accepted Answer

Free on board (FOB) is a shipping term where the seller is responsible for all costs and risks up until the goods are loaded onto a transport vessel. The buyer is then responsible for any costs and risks associated with transportation from that point onward.

_________________Is a Term of Price in Which the Seller Covers