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If information in short-term memory is not actively rehearsed, the information is transferred to long-term memory.
F.O.B. Contracts
F.O.B. (Free on Board) Contracts are commercial agreements where the seller is obligated to deliver goods on board a vessel chosen by the buyer at a specified location, with the buyer taking responsibility for the goods once they're onboard.
Title
A formal right of ownership of property, indicating the holder has legal control and rights regarding its use or transfer.
Risk
Potential loss from destruction or damage to goods, injury, or other eventuality.
Seller's Place
The physical or juridical location where the seller operates, often relevant in legal and commercial transactions.
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