In a Transaction Where the Merchandise Invoice Indicates F

question 12

Multiple Choice

In a transaction where the merchandise invoice indicates F.O.B.shipping point,who pays the cost of shipping?

• A)The buyer
• B)The seller
• C)The common carrier
• D)The freight forwarder
• E)None of the above

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Definitions:

Parabola

A specific type of curve on a graph, represented by a quadratic function, characterized by its symmetric shape which can open upwards or downwards.

Graph

A visual representation of data or mathematical functions typically consisting of points on a coordinate plane.

Standard Form

A way of writing numbers, particularly very large or very small numbers, using powers of ten; also refers to a canonical form of equations in mathematics.

Vertex

A point where two or more curves, edges, or lines meet, often used to describe the corner point of a polygon or the peak or trough of a parabola.