Asked by
Kylah Stumpmier
on Nov 18, 2024
Verified
The abbreviation FOB stands for "free on board."
Free On Board
A shipping term indicating whether the seller or the buyer is responsible for goods that are damaged or destroyed during shipping.
- Familiarize oneself with the responsibilities and definitions of assorted shipping terminology, like FOB destination and FOB shipping point.
Verified Answer
IW
Learning Objectives
- Familiarize oneself with the responsibilities and definitions of assorted shipping terminology, like FOB destination and FOB shipping point.