FOB ________ Means the Buyer Accepts Ownership When the Goods

question 118

Short Answer

FOB ________ means the buyer accepts ownership when the goods depart the seller's place of business. The buyer is responsible for paying shipping costs and bears the risk of damage or loss when goods are in transit.

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Definitions:

FR-15 Schedule

A fixed-ratio schedule of reinforcement where a response is reinforced only after it has been produced 15 times.

Fixed-Ratio

A reinforcement schedule where a response is reinforced only after a specified number of responses.

Variable-Ratio

A reinforcement schedule where a response is reinforced after an unpredictable number of responses, leading to high and steady response rates.

Fixed-Interval

A schedule of reinforcement where rewards are delivered at constant intervals of time, contingent on the first response after the interval has passed.