F.O.B.destination designates that the supplier owns the material until it is off-loaded at the buyer's receiving dock.

Name: F.O.B.destination designates that the supplier owns the material until it is off-loaded at the buyer's receiving dock.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

F.O.B. (Free On Board) destination means that the ownership of goods transfers from the supplier to the buyer only when the goods arrive at the buyer's location, indicating the supplier is responsible for the goods during transit.

FOBDestination Designates That the Supplier Owns the Material Until It