What Does "FOB" Mean, When Used as a Shipping Term

question 10

Multiple Choice

What does "FOB" mean, when used as a shipping term?

• A) Fee on Board
• B) Fee on Basis
• C) Freedom of Board
• D) Free on Board
• E) Free of Basis

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Definitions:

Feasibility Study

A review of the viability and prospective achievement of a planned project or system.

Comprehensive Business Plan

A detailed document that outlines a business's objectives, strategies, market analysis, financial projections, and operational requirements.

Angel Funding

Investment in a startup company by affluent individuals, typically in exchange for ownership equity or convertible debt.

Venture Capital

Financing provided by investors to startups and small businesses with potential for long-term growth.