When Inventory Is Shipped on an FOB Origin Basis, Title

question 55

True/False

When inventory is shipped on an FOB origin basis, title passes to the buyer when it is received by the buyer.

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Definitions:

Windows Deployment Services

A server technology from Microsoft for network-based installation of Windows operating systems.

PXE

Preboot Execution Environment, a technology that enables a computer to boot up using software located on a network rather than a hard drive.

NTFS

New Technology File System (NTFS) is a file system developed by Microsoft that includes features such as security permissions, encryption, and disk quotas.

BIOS/UEFI

Basic Input/Output System/Unified Extensible Firmware Interface, firmware interfaces that initialize and test hardware at startup, providing runtime services for operating systems.