word "Free" in relation to the acronym "FOB" signals the point or location where the seller is

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The term "Free" in the acronym FOB refers to the point at which the seller is free to choose the point of loading. This means that the seller has fulfilled their responsibility once they have loaded the goods onto the designated means of transportation at the chosen point. The responsibility for any damage or loss to the goods is then transferred to the buyer. The seller is not necessarily free to choose the method of transportation or payment, as these details should be negotiated in the contract between the buyer and seller.

Word "Free" in Relation to the Acronym "FOB" Signals the Point