If the Terms of the Contract Specify FOB (Free on Board)

question 89

Multiple Choice

If the terms of the contract specify FOB (free on board) factory, then:

• A)the seller has title until the goods are received at the destination.
• B)the seller is responsible for any loss during transportation.
• C)the buyer assumes the responsibility and risk for the merchandise as soon it leaves the factory.
• D)the seller does not expect payment for the merchandise until it reaches its destination.
• E)the goods are being sold on consignment.

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Definitions:

Avoidant Personality Disorder

A mental disorder characterized by a long-standing pattern of significant social inhibition, feelings of inadequacy, and extremely sensitive to what others think about them.

Sensitive To Criticism

A personality trait or condition where an individual exhibits an above-average response to criticism, often experiencing distress, anxiety, or anger as a result.

Era Of Narcissism

A period characterized by a widespread focus on self-admiration, entitlement, and individualism, often criticized for undermining social cohesion.

Self-Expression

The process of articulating thoughts, feelings, and ideas in a creative or verbal manner to convey one's individuality.