Which of the Following Requires the Seller to Arrange to Ship

question 30

Multiple Choice

Which of the following requires the seller to arrange to ship the goods and put the goods in the carrier's possession and the seller bearing the expense and risk of loss until the goods are placed in the carrier's possession?

• A) F.A.S.
• B) C.I.F.
• C) F.O.B. point of shipment
• D) F.O.B. place of destination
• E) S.H.P.

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Definitions:

Theory

A logical explanation or framework for understanding how various aspects of the world relate to each other.

Forms

The visible shapes, structures, or configurations that objects or concepts can take, often used to classify or understand things in various contexts.

Hedonism

The moral philosophy advocating that the fulfillment of desires or pleasure constitutes the greatest value and ultimate goal of human existence.

Greek Philosopher

An intellectual from ancient Greece who contributed to the foundation of Western philosophical thought.