My Subscriptions Courses ACC111DL Spring 2018 Chapter 6 E

My Subscriptions / Courses ACC111:DL -Spring 2018 / Chapter 6 / Exam 3 Chapter 5 and 6 QUESTION 18 Not yet answered Points out of 3.00 P Flag question Under which of the following freight terms does the seller retaln ownership of the shipped goods? Select one: O F.O.B. shipping point O F.O.B. destination Next page Save Answers Previous page

Solution

Answer is B. FOB destination:

Explanation:

The goods remain the property of the seller till it reaches the place of delivery in case of FOB destination and also the seller has the responsibility to pay all the freight expense to be paid.