If Monrovia Nursery Company Quotes an FOB Origin Price to a Plant

question 61

Multiple Choice

If Monrovia Nursery Company quotes an FOB origin price to a plant retailer, it means that the:

• A)retailer will be reimbursed for all plants that died in transit.
• B)Monrovia will pay all shipping costs.
• C)the retailer will pay all shipping costs.
• D)Monrovia and the retailer will split the shipping costs.
• E)Monrovia will take complete responsibility for the product until it is placed in the retailer's hands.

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Definitions:

Off the field

Refers to activities, behaviors, or events that occur outside the domain of the active play area or professional practice, often in sports.

Shared hobbies

Activities or interests pursued in leisure time that are enjoyed collectively by a group of people, fostering social bonds and community.

Social network

A structure made up of individuals or organizations that are connected through various social relationships, such as friendship, kinship, common interests, or beliefs.

World Trade Organization

An international organization that regulates international trade, aiming to ensure that trade flows as smoothly, predictably, and freely as possible.