Fob destination

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fob destination
Accountants report a merchandiser's and a manufacturer's revenues when a sale is made. The term, FOB Shipping Point, indicates that the sale occurred at the
FOB, Destination â" The manufacturer retains ownership of the goods, pays all shipping expense, and assumes all risks until the goods reach the delivery destination.
U.S. Domestic Terms of Sale. FOB (free on board) points are specified in HUGHES ® purchase orders. The U.S. domestic FOB point is either origin or destination.
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FOB DESTINATION POINT Implies that the seller owns the goods in transit and is responsible for freight charges and assists with the settlement of claims and is responsible for
Freight Terms - Free On Board (FOB) Destination, freight prepaid: Seller - Pays freight charges Seller - Bears freight charges
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FOB destination" designates the seller will pay shipping costs, and remain responsible for the goods until the buyer takes possession. A related but separate term "CAP" ("customer
the bill of lading. The buyer assumes risk of transportation and is entitled to route the shipment. The buyer is responsible for filing claims for loss or damage. FOB DESTINATION The
Similarly, under the terms of "FOB destination", the title of the goods passes to the buyer when the goods arrive at their destination. The distinction is important because it
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