The Selection of the FOB Point Is Important to the Purchaser

question 12

Multiple Choice

The selection of the FOB point is important to the purchaser, for it determines:

• A) who pays the carrier.
• B) when legal title to goods being shipped passes to the buyer.
• C) who is responsible for preparing and pursuing loss or damage claims.
• D) who routes the freight.
• E) all of the above.

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Definitions:

Latitude

The measurement of distance north or south of the Equator, expressed in degrees.

Altitude

The height of an object or point in relation to sea level or ground level.

Vegetation

The collective term for plants and trees in an area, encompassing various forms of plant life and growth.

Land Surface

The outermost layer of the Earth's land area, including soil, rocks, vegetation, and artificial structures.