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what does fob shipping point mean? multiple choice question. goods are owned by the buyer when they leave the seller's place of business. goods are owned by the buyer as soon as they arrive at the buyer's place of business. goods are owned by the buyer as soon as the sales contract is signed.

Respuesta :

A) When goods leave the seller's place of business, the buyer acquires ownership of them.

What is the FOB shipping point?

"Free on board" is referred to as FOB in shipping. If a shipment is marked FOB (the seller's location), the seller records the sale as complete as soon as the shipment of goods leaves the seller's warehouse.

The products are the buyer's property while they are being delivered to its warehouse, and any delivery fees are the buyer's responsibility. Additionally, since the shipment became the buyer's responsibility right away, the buyer, and not the seller, must submit any claims for reimbursement if a pallet of jewelry is lost or damaged during shipment.

Learn more about FOB shipping points with the help of the given link:

brainly.com/question/26652121

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