Which of the Following Statements Is True of Shipping Costs

question 26

Multiple Choice

Which of the following statements is true of shipping costs?

• A) "FOB installed" indicates that the title and responsibility are transferred before an equipment is installed and used for operation.
• B) FOB origin is also referred to as FOB installed.
• C) The terms and conditions of a sale exclude shipping costs involved in transporting the goods.
• D) Shipping costs are solely borne by the seller.
• E) FOB destination means the buyer will take responsibility for goods once they reach the buyer's location and the seller will pay the freight.

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Definitions:

Solar Space Heating

The use of solar energy to heat the interior of a building, reducing the reliance on traditional heating sources.

Carbon Dioxide

A colorless, odorless gas produced by burning carbon and organic compounds and by respiration, a greenhouse gas contributing to global warming.

Hydroelectric Plant

A facility that generates electricity by using moving water to turn turbines.

High Construction Costs

High Construction Costs refer to the significantly increased expenses associated with building infrastructure, facilities, or housing, often due to materials, labor, or regulatory issues.