Question

FOB

18 Feb 2024
Answer :
Word Count : 316

FOB, or Free On Board, is a widely used international trade term that specifies the point at which ownership and responsibility for goods transfer from the seller to the buyer. In FOB transactions, the seller is responsible for all costs and risks associated with delivering the goods to the specified port or ___ ___ ___ ___ ______ ____ ____ _____ ___.
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