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...
Sep 21, 2010
Seller pays and bears freight charges. FOB Origin,
Nov 3, 2003
Jun 8, 2012
Freight terms generally start with the abbreviation, "F.O.B.", or "Free on Board" ...
Jul 25, 2012
In addition to these information, bill of lading indicates by whose party the freight
charges will be payable. “Freight Collect” and “
In the United States, free on board or freight on board is usually followed by ...
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 ...