Freight Terms of FOB Shipping Point Mean That the

question 90

Multiple Choice

Freight terms of FOB shipping point mean that the

• A) seller must debit freight out.
• B) buyer must bear the freight costs.
• C) goods are placed free on board at the buyer's place of business.
• D) seller must bear the freight costs.

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Definitions:

Flatworms

A group of invertebrates belonging to the phylum Platyhelminthes, known for their flattened bodies and lack of specialized respiratory and circulatory systems.

Acoelomate

An animal lacking a body cavity (coelom). Compare with coelomate and pseudocoelomate.

Statocysts

Specialized sensory organs found in some animals, such as invertebrates, that help to maintain equilibrium and orientation relative to gravity.

Mollusks

A phylum of coelomate protostome animals characterized by a soft body, visceral mass, mantle, and foot.