Under the terms FOB destination, ownership of the goods passes to the buyer when the public carrier accepts the goods from the seller.

a. true
b. false

Ans: b. false

Business

You might also like to view...

Today's better educated and more demanding customers are seeking a(n) ________ of satisfactions

Fill in the blanks with correct word

Business

Which of the following is characteristic of cross-border contractual relationships?

A) When compared to FDI, they are less susceptible to volatility and risk, and tend to bring both parties a predictable stream of revenue. B) The focal firm attains maximum control by establishing a physical presence, and ownership of key assets, in the foreign market. C) It attracts high attention and criticism for the focal firm because of the local perception of foreign entities. D) They are governed by a contract that provides the focal firm with no control over the foreign partner.

Business