Under FOB- Origin Pricing, Title Passes to the Buyer as Soon

question 14

True/False

Under FOB- origin pricing, title passes to the buyer as soon as the goods reach the point of origin of the order.

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Definitions:

Validates

Confirms or supports something as true, valuable, or worthwhile.

Persuasive

Having the power to convince or influence others towards a certain viewpoint or action through logical reasoning, emotional appeal, or other techniques.

Goodwill

The positive reputation and intangible asset of a business, derived from customer perception, relationships, and loyalty.

Normative

pertaining to norms, standards, or what is considered typical, ideal, or should be the case, often within a moral or ethical context.