The term for passing title (and hence, risk of loss) of goods to buyer when...

70.2K

Verified Solution

Question

Accounting

The term for passing title (and hence, risk of loss) of goods to buyer when goods must be transported is _____________ which means ____________.
Group of answer choices
FOB; free on board
FOB; freight on board
SAI; ship as is
TEC; transit export cargo

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students