Examlex
Many organizations are beginning to consider their customers-both end users and within a channel-as less important members of a value network.
FOB Destination
A shipping term indicating that goods are delivered at the seller’s expense to a specific location, with ownership transferring to the buyer upon delivery.
FOB Shipping Point
A term indicating that the buyer assumes responsibility for shipping costs and liability once the goods leave the seller's premises.
Legal Title
Legal ownership of property or assets, which includes the right to use, sell or transfer them.
FOB Shipping Point
A shipping term indicating that the buyer assumes transportation costs and risk of loss once the goods leave the seller's premises.
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