If Company A were to ship goods to Company B under the terms f.o.b. shipping point and if the goods were destroyed in transit, the loss incurred on these goods ordinarily would not accrue to Company
A.

Question

Quizplus · Accepted Answer

Under the terms F.O.B. (Free On Board) shipping point, the title and risk of loss pass from the seller (Company A) to the buyer (Company B) when the goods are delivered to the carrier, making Company B responsible for any loss or damage during transit.

If Company a Were to Ship Goods to Company B