Which of the Following Is True When the Designation FAS

question 62

Multiple Choice

Which of the following is true when the designation FAS is used?

• A) The buyer, at the buyer's expense, delivers the goods alongside the ship before the risk passes to the seller.
• B) The buyer, at the seller's expense, delivers the goods alongside the ship before the risk passes to the seller.
• C) The seller, at the seller's expense, delivers the goods alongside the ship before the risk passes to the buyer.
• D) The seller, at the buyer's expense, delivers the goods alongside the ship before the risk passes to the buyer.
• E) The common carrier, at the carrier's expense, delivers the goods alongside the ship before the risk passes to the buyer.

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Definitions:

Slaves Time

The period during which enslaved individuals were forced to work for their masters, without compensation or autonomy, historically in agricultural or domestic settings.

South Carolina

A state in the southeastern United States, known for its rich history, including its early adoption of secession before the Civil War.

Task System

A labor system used primarily in the agricultural sectors of Southern plantations during the slavery era, where enslaved people were assigned a specific task to complete each day.

Field Work

Practical work conducted in the natural environment, rather than in a laboratory or office, often for research or study purposes.