A sales contract designated F.O.B.buyer requires the seller to deliver the goods to the buyer's place of business (or some other designated location),and risk of loss does not pass to the buyer until the goods are so delivered.

Question

Quizplus · Accepted Answer

The statement accurately describes the terms of a F.O.B. buyer sales contract, where the seller bears the responsibility of delivering the goods to the buyer's location and assumes the risk of loss until delivery is completed.

A Sales Contract Designated F