In an FOB Shipment Contract, Title to the Goods Pass

question 2

True/False

In an FOB shipment contract, title to the goods pass to the buyer when goods are delivered to the carrier.

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Definitions:

Debt-to-Equity Ratio

A gauge of a firm's financial risk, determined by dividing its overall debts by the equity of its shareholders.

Year 2

A term often used to refer to the second year of a business operation, project timeline, or financial plan.

Return on Equity

A measure of a company's profitability, indicating how much profit a company generates with the money shareholders have invested.

Year 2

Typically refers to the second year of an entity's operations, plan, or financial reporting.