FOB (Free On Board) is a term in international commercial law specifying at what point the seller transfers ownership of the goods to the buyer. Under the Incoterms 2010 standard published by the In...
In the United States, free on board or freight on board is usually followed by ...
financial-dictionary.thefreedictionary.com/F.O.B. Freight Prepaid
An agreement between a seller and a buyer indicating that the seller has fulfilled his/her obligation to deliver a good when he/she has transferred it to the point ...
Seller pays and bears freight charges. FOB Origin,
Implies that the seller owns the goods in transit and is responsible for freight
charges and assists with the ... FOB Destination,
Jun 8, 2012
Jul 25, 2012
(a) The delivery terms will be stated as “f.o.b. origin, transportation
In addition to these information, bill of lading indicates by whose party the freight
charges will be payable. “Freight Collect” and “
Sep 21, 2010