Freight shipped ____ means the supplier retains title to the goods and controls the shipment until it is physically received and off-loaded at the consignee's dock.

Question

Quizplus · Accepted Answer

FOB destination means the supplier retains title to the goods and controls the shipment until it is physically received and off-loaded at the consignee's dock. FOB carrier is when the supplier transfers title and responsibility when the goods are received by the carrier. FOB origin means the supplier transfers title and responsibility when the goods are loaded onto the carrier. FOB in transit and none of these choices are not valid FOB shipping terms.

Freight Shipped ____ Means the Supplier Retains Title to the Goods