Complete the Following Table to Show How FOB Terms Apply

question 215

Essay

Complete the following table to show how FOB terms apply to merchandise inventory purchased by a merchandiser.
$$\begin{array} { | l | l | l | } \hline \text { FOB Term } & \begin{array} { l } \text { When does the title to the } \\\text { goods transfer to the buyer? }\end{array} & \text { Who pays the freight? } \\\hline \text { Shipping Point } & & \\\hline \text { Destination } & & \\\hline\end{array}$$

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Definitions:

Definite "No"

A clear and unequivocal negative response.

Team Members

Individuals who are part of a group collaborating to achieve a common goal or complete a project.

Cultures

The shared practices, values, and beliefs of a group of people.

Groupthink

A phenomenon where the desire for harmony or conformity in a group results in an irrational or dysfunctional decision-making outcome.