Examlex
Which of the following is an example of a participant in the financial sector?
Physical Inventory
A physical count of merchandise or commodities an organization has on hand at a specific time.
FOB Shipping Point
A term used in shipping contracts to indicate that the buyer assumes responsibility for the goods and the shipping costs from the point of departure.
FOB Shipping Point
A term used in shipping agreements that means "Free on Board Shipping Point," indicating that the buyer is responsible for freight and other shipping costs from the seller's location.
FOB Destination
A shipping term that means the seller retains the risk of loss or damage to goods until they are delivered to the buyer's specified location.
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