If the Terms of the Contract Specify FOB (Free on Board)factory,then

question 29

Multiple Choice

If the terms of the contract specify FOB (free on board) factory,then:

• A) the seller has title until the goods are received at the destination.
• B) the seller is responsible for any loss during transportation.
• C) the buyer assumes the responsibility and risk for any loss during transportation.
• D) the seller does not expect payment for the merchandise until it reaches its destination.
• E) the goods are being sold on consignment.

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Definitions:

Hallucinations

Perceptions in the absence of external stimulus that have qualities of real perception; they are vivid, substantial, and located in external objective space.

Delusions

False belief held with strong conviction despite superior evidence to the contrary, often found in psychiatric disorders.

Mental Confusion

A state characterized by disorientation regarding time, place, or person, affecting cognitive processes and decision-making.

Antianxiety Drugs

Medications designed to relieve anxiety by altering the chemical balance in the brain, often used as part of a treatment plan for anxiety disorders.