When a price is quoted at F.O.B. it means that the price?
COMMERCE
JAMB 1998
When a price is quoted at F.O.B. it means that the price?
- A. excludes loading charges incurred in bringing the goods to port of destinction
- B. exclude all necessary shipping charges payable for insurrance
- C. includes all charges payable on shipping a consignment to the port destination
- D. includes charges payable for for loading goods onto the ship
Correct Answer: C. includes all charges payable on shipping a consignment to the port destination
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