Examlex
Which of the following statements is true of slotting allowances?
F.O.B. Shipping Point
F.O.B. shipping point is a term used in shipping agreements indicating that the buyer is responsible for the goods once the seller ships them, and must pay the shipping costs.
Freight
The charge paid for the transportation of goods, typically by sea, air, or land.
Title Passes
A legal term referring to the point at which the ownership of property, or title, is transferred from seller to buyer under the terms of a contract.
Merchandise Resale
The process of selling previously purchased goods to consumers, typically involving goods acquired from wholesalers or manufacturers.
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