Who Is Responsible for the Freight Cost When the Terms

question 37

Multiple Choice

Who is responsible for the freight cost when the terms are FOB destination?

• A) the seller
• B) the buyer
• C) the customer
• D) either the buyer or the seller

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Definitions:

Warrant

A security that gives the holder the right to purchase shares of stock at a fixed price over a given period of time.

Option Agreement

A contract that grants the holder the right, but not the obligation, to buy or sell an underlying asset at a specified price on or before a specified date.

Warrant

A financial instrument that gives the holder the right, but not the obligation, to buy shares of a company at a specific price before a certain date.

Arbitrage Opportunity

A situation where it's possible to simultaneously purchase and sell an asset or security and profit from the price difference.