Question

n a transaction where the merchandise invoice indicates F.O.B. shipping point, who pays the cost of...

n a transaction where the merchandise invoice indicates F.O.B. shipping point, who pays the cost of shipping?

The freight forwarder

The common carrier

The seller

The buyer

None of the above

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Answer #1

The answer is the The Buyer

FOB shipping point stands for Free on Board Shipping Point

i.e. the seller is responsible only till the shipping point

All risks and expenses post that are to be born by the buyer

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