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  3. 24) under terms fob shipping point the buyer of th

24) Under terms FOB shipping point the buyer of the goods A) Pays the cost...

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Accounting

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24) Under terms FOB shipping point the buyer of the goods A) Pays the cost of freight in transit B) Pays the cost of insurance in transit C) Doesn't own the goods until received D) Both A&B E) Both B&C F) None of the above E) All of the above 25) Under terms FOB shipping point the seller of the goods A) Pays the cost of freight in transit B) Pays the cost of insurance in transit C) Doesn't own the goods in transit D) Both A&B E) Both B&C F) None of the above E) All of the above 26) Under terms FOB destination the buyer of the goods A) Pays the cost of freight in transit B) Pays the cost of insurance in transit C) Doesn't own the goods in transit D) Both A&B E) Both B&C F) None of the above E) All of the above

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