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Complete the Following Table to Show How FOB Terms Apply

Question 45

Essay

Complete the following table to show how FOB terms apply to merchandise inventory purchased by a merchandiser.
 FOB Term  When does the title to the goods  transfer to the buyer?  Shipping Point  Who pays the freight?  Destination \begin{array} { | l | l | l | } \hline \text { FOB Term } & \begin{array} { l } \text { When does the title to the goods } \\\text { transfer to the buyer? }\end{array} & \\\text { Shipping Point } & & \text { Who pays the freight? } \\\hline \text { Destination } & & \\\hline\end{array}

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