Which of the following is true when the designation FAS is used?
A) The buyer, at the buyer's expense, delivers the goods alongside the ship before the risk passes to the seller.
B) The buyer, at the seller's expense, delivers the goods alongside the ship before the risk passes to the seller.
C) The seller, at the seller's expense, delivers the goods alongside the ship before the risk passes to the buyer.
D) The seller, at the buyer's expense, delivers the goods alongside the ship before the risk passes to the buyer.
E) The common carrier, at the carrier's expense, delivers the goods alongside the ship before the risk passes to the buyer.

Question

Quizplus · Accepted Answer

Under FAS (Free Alongside Ship) terms, the seller is responsible for delivering the goods alongside the ship at the named port of shipment, at their own expense. The risk of loss or damage to the goods passes from the seller to the buyer once the goods are alongside the ship.

Which of the Following Is True When the Designation FAS