In a Shipment Contract, "FOB" Stands for _____

question 45

Multiple Choice

In a shipment contract, "FOB" stands for _____.

• A) free on board
• B) fee on board
• C) freight on board
• D) forbidden on board

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Definitions:

Social Relationships

Connections between individuals in a society, shaped by social structures and personal interactions.

Milgram's Experiment

A series of psychological experiments conducted by Stanley Milgram, which measured people's willingness to obey authority figures, even when actions required harming others.

Authority Structure

The way power and authority are distributed and exercised within an organization or society.

Bureaucratic Inefficiency

signifies the lack of efficiency within administrative systems and organizations, typically resulting in delays and a waste of resources.