Free-On-Board (FOB) Origin Pricing Is a Method of Pricing Where

question 95

Multiple Choice

Free-on-board (FOB) origin pricing is a method of pricing where the:

• A)title of goods remains with the manufacturer until sold to the ultimate consumer.
• B)title of goods passes to the buyer upon arrival at the final destination.
• C)title of goods passes to the buyer at the point of loading.
• D)price the seller sets includes all transportation costs.

---

Definitions:

Intuition

An instinctive knowing or sense of understanding without the need for conscious reasoning.

Judgment

The ability to make considered decisions or form opinions objectively, often based on interpreting available information.

Wisdom

The quality of having experience, knowledge, and good judgment; the ability to apply insights and understanding in various situations.

Principles, Models, Concepts

Fundamental truths or propositions that serve as the foundation for a system of belief or behavior, abstract ideas forming the basis of thought experiments, and representations of ideas or theories.