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...
FOB Destination, freight collect and allowed, Receiver (deducts from invoice) ...
Sep 21, 2010
Jun 8, 2012
Seller pays and bears freight charges. FOB Origin,
Jul 25, 2012
In addition to these information, bill of lading indicates by whose party the freight
charges will be payable. “Freight Collect” and “
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 ...