Final answer:
The statement is true; under FOB shipping point terms, the buyer takes ownership and responsibility for goods once they are delivered to the carrier.
Step-by-step explanation:
The statement that title passes to the buyer when the seller delivers the goods to a common carrier, if the goods are shipped FOB (Free On Board) shipping point, is true. Under the FOB shipping point agreement, the buyer assumes responsibility for the goods once they are delivered to the carrier, and from that moment, they are also responsible for any shipping costs and risk of loss or damage. This is in contrast to FOB destination, where the seller retains the risk and responsibility until the goods reach the buyer's location.
For instance, if a cargo ship, as described in Figure 1.9 from the reference, is used to transport the goods, then the risk passes to the buyer the moment the seller's goods are loaded onto the ship. This is consistent with practices seen in the global economy where cargo ships serve as a crucial mode of transportation for shipping goods.