Examlex
Which of the following statements about Abu Ghraib is false?
FOB Miami
A shipping term indicating that the seller of goods is responsible for them until they're loaded onto a vessel in Miami; from that point, the buyer assumes risk and costs.
Destination Contract
A type of contract where the seller is responsible for the goods until they are delivered to a specified destination.
Consignment
An arrangement where goods are left in the possession of another party to sell, but the consignor retains ownership until the goods are sold.
On Approval
A conditional agreement for the sale of goods where the buyer is not obligated to complete the purchase unless they approve of the goods.
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