"F.O.B.buyer" Means That

question 12

Multiple Choice

"F.O.B.buyer" means that:

• A)title passes to the buyer when the seller delivers the goods to the shipper.
• B)risk of loss passes to the buyer when the seller delivers the goods to the buyer's place of business.
• C)the buyer pays all shipping and transportation costs.
• D)both title and risk of loss pass to the buyer immediately upon payment of the contract regardless of location of the goods.

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Definitions:

Goal-directed Behavior

Actions taken with the intention of achieving a specific outcome or objective.

Assimilation

In Piaget’s theory, the process by which new experiences are interpreted and integrated into preexisting schemas.

Preexisting Idea

An idea or belief that was formed before being exposed to new information or experiences.

New Experience

Encountering or undergoing something for the first time, which can lead to learning, adaptation, and growth.