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If a Contract Contains a Delivery Term of FOB Place

question 32

True/False

If a contract contains a delivery term of FOB place of shipment,the seller's obligation under the contract is to deliver the goods to a carrier for shipment.

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Definitions:

Virtual Private Networks

Secure networks that use the internet to connect remote sites or users together, encrypting data to protect privacy.

Wide Area Networks

Telecommunications networks that extend over large geographical areas, connecting multiple smaller networks such as local area networks (LANs).

On-site Data Backup

The process of copying and storing organizational data in a physical location close to the main working environment to ensure data recovery in case of loss.

Cloud Computing

the delivery of computing services over the internet, allowing users to access and store data and run applications on shared computing resources.

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