When Goods Are Shipped FOB Shipping Point, Which of the Following

question 8

Multiple Choice

When goods are shipped FOB shipping point, which of the following is NOT true?

• A) The seller assumes responsibility for all freight costs
• B) Shipping costs may be listed separately on the customer's invoice
• C) The seller may pay the freight charges directly, but invoices the buyer.
• D) The buyer is responsible for all freight costs

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Definitions:

Heat Energy

The form of energy that is transferred between systems or objects with different temperatures, also known as thermal energy.

Polluter

An entity (individual, company, or other organization) that releases pollutants into the environment, causing pollution.

Pollution

The introduction of contaminants into the natural environment that cause adverse change, affecting air, water, and soil quality.

Life Cycle Assessment (LCA)

A technique used to assess the environmental impacts associated with all the stages of a product's life from raw material extraction through materials processing, manufacture, distribution, use, repair and maintenance, and disposal or recycling.