In Which of the Following Shipment Arrangements Does Title Pass

question 42

Multiple Choice

In which of the following shipment arrangements does title pass from seller to buyer when goods arrive at the purchasing entity's warehouse?

• A)FOB destination
• B)FOB shipping point
• C)FOB shipping stop
• D)FOB port

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Definitions:

Private Property

Ownership of land, resources, or objects by individuals or corporations, protected by law.

Just Compensation

The concept that property owners must be fairly compensated when their property is taken for public use under eminent domain.

Public Areas

Spaces that are open and accessible to people, usually owned and maintained by the government, such as parks, streets, and public squares.

Hague

A city in the Netherlands, known for hosting the International Court of Justice and other important international organizations.