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.

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Definitions:

Medici Family

A wealthy and powerful Italian family who were significant patrons of the arts and instrumental in the Renaissance's development.

Humanism

In the Renaissance, an emphasis on education and on expanding knowledge (especially of classical antiquity), the exploration of individual potential and a desire to excel, and a commitment to civic responsibility and moral duty.

Palazzo Medici-Riccardi

A Renaissance palace in Florence, Italy, which served as the main residence of the Medici family, showcasing the wealth and power of this influential family.

Michelozzo

An Italian architect and sculptor of the Renaissance, known for his collaboration with Donatello and for designing the Palazzo Medici Riccardi in Florence.