Examlex
Sketch the graph of 5(x + 3)- 3(y - 1)= 0.
FOB
stands for Free On Board, a term used in shipping indicating that the seller is responsible for goods until they are loaded onto a shipping vessel.
Contract
A legally binding agreement between two or more parties that outlines obligations and rights of those involved.
Destination Contract
A contract for the sale of goods where the seller is required to ship the goods to a specific location and title passes to the buyer upon delivery at that location.
Risk of Loss
A legal term concerning who bears the responsibility for damage or loss of goods under a contract at any given point in a transaction.
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