When Goods Are Sent F

question 1

Multiple Choice

When goods are sent f.o.b.shipment,the title and risk of loss pass to the:

• A)carrier at the point of origin.
• B)buyer at the point of origin.
• C)buyer at the destination.
• D)buyer when he/she accepts the goods.

---

Definitions:

U.S. Expansion

A phase in the economic cycle characterized by increased industrial and financial activity, leading to greater employment and output within the United States.

Base Period

A specific time period used as a reference point to measure changes in economic indicators or indexes.

Quantity

The quantity of a tangible or intangible good or service.

Frictional Unemployment

A type of unemployment that occurs when people are temporarily between jobs or are waiting to start new jobs, often seen as a natural part of the labor market.