Question

What Is FOB Shipping Point?

Answer 1

Answer it is a term used in the transportation industry to indicate who is responsible for the costs associated with the shipment of goods.

Explanation: if the buyer has agreed to fob shipping point, then the buyer is responsible for the shipping costs from the seller's warehouse to the buyer's destination.

Answer 2

FOB shipping point is a term used in the transportation industry to indicate who is responsible for the costs associated with the shipment of goods.

Step-by-step explanation:

For example, if the buyer has agreed to FOB shipping point, then the buyer is responsible for the shipping costs from the seller's warehouse to the buyer's destination