The Importance of the Terms FOB and FAS in Contracts

question 47

True/False

The importance of the terms FOB and FAS in contracts for the sale of goods is that they obligate the buyer to pay immediately upon delivery of the goods.

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Definitions:

Confidentiality

The obligation not to disclose or make private information known to those not authorized to receive it.

Duration

The length of time that something lasts or continues.

Paralegal Licensing Debate

The ongoing discussion about whether paralegals should be required to obtain licenses to practice, aimed at ensuring competency and protecting public interest.

Pros And Cons

Pros and cons are the benefits and drawbacks of a specific action or decision, considered in order to make a balanced and informed choice.