_________ means that the title to the merchandise passes at the time and place of pick up.

Question

Quizplus · Accepted Answer

F.O.B. origin means that the title to the merchandise passes from the seller to the buyer at the time and place of pick up, which is usually the seller's location. This means that the buyer bears the risk of loss or damage during transit and is responsible for all transportation costs. In contrast, F.O.B. destination means that the title to the merchandise does not pass until the goods are delivered to the buyer's location.

_________ Means That the Title to the Merchandise Passes at the Time