If terms of a merchandise shipment are fob shipping point, who is responsible for the cost of transportation and who owns the merchandise while in transit?
a. the buyer pays the transportation charges and the buyer takes ownership/risks of the shipment until it reaches a distribition point. from that point (distribution), the seller takes title to the goods and pays transportation charges until the shipment reaches the store.
b. the buyer pays the transportation charges and the buyer takes ownership/risks of the shipment until it reaches a distribition point. from that point (distribution), the buyer takes title to the goods and pays transportation charges until the shipment reaches the store..
c. the seller pays the transportation charges and the seller takes ownership/risks of the shipment until it reaches a distribition point. from that point (distribution), the buyer takes title to the goods and pays transportation charges until the shipment reaches the store.