Which of the Following Is True for the Shipping Term

question 8

Multiple Choice

Which of the following is true for the shipping term free on board point of shipment?

• A)It requires the seller to bear the expense and risk of loss until the goods are tendered to the buyer at the place of destination.
• B)It refers to a pricing term that includes the cost of the goods, and the costs of insurance, and freight.
• C)It requires the seller to bear the expense and risk of loss of the goods until delivery has been tendered.
• D)The buyer bears the shipping expense and risk of loss while the goods are in transit.

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Definitions:

Acid-Base Reaction

A chemical reaction that involves the transfer of a proton (H+) from an acid to a base, resulting in the formation of a conjugate base and a conjugate acid.

Equilibrium

The state in which the concentrations of reactants and products in a reversible chemical reaction are unchanged over time, indicating a balance in the rate of forward and reverse reactions.

Synthetic Route

The planned sequence of chemical reactions used to convert starting materials into desired products in the laboratory or industry.

Reagents

Chemical substances that are employed to bring about a chemical reaction in a provided set of reactants.