Under the Terms FOB Destination,title to the Merchandise Will Pass

question 48

True/False

Under the terms FOB destination,title to the merchandise will pass to the purchaser when the goods are received by the purchaser.

---

Definitions:

Marketing Department

The marketing department is a division within a company that focuses on strategies to promote, sell and distribute its products or services.

Actual Spending

The actual amount of money spent over a specific period, as opposed to budgeted or planned spending.

Budget

A financial plan that estimates income and expenses over a specified period of time.

Replenish Inventory

The process of adding stock to an inventory to maintain levels and ensure availability of products.