QuestionJune 30, 2025

If title to merchandise purchases passes to the buyer when the goods are shipped from the seller, the terms are

If title to merchandise purchases passes to the buyer when the goods are shipped from the seller, the terms are
If title to merchandise purchases passes to the buyer when the goods are shipped from the seller, the terms are

Solution
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Answer

FOB Shipping Point Explanation This question pertains to the legal terms of sale in commercial transactions. When title passes upon shipment, it typically indicates "FOB Shipping Point," meaning the buyer takes ownership once the seller ships the goods.

Explanation

This question pertains to the legal terms of sale in commercial transactions. When title passes upon shipment, it typically indicates "FOB Shipping Point," meaning the buyer takes ownership once the seller ships the goods.
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