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  • 02-06-2018
  • Mathematics
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When the term F.O.B. shipping point is used, title passes when the

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Felecityyy
Felecityyy Felecityyy
  • 02-06-2018
F.O.B shipping point - the title to the goods usually passes to the buyer at shipping point or when the carrier takes possession of the goods. This means that the buyer must pay to get his goods delivered to him. These goods are also part of the buyer's inventory while in transit.
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