what is FOB?

[Limm]

Business English Lesson, Advanced Level

ESL/EFL Test #141 "The Importation Process", question 7

Then, he receives the supplier's invoice for the hair dryers FOB ......... of departure.

(a) date
(b) dock
(c) point
(d) wharf

Business English Lesson, Advanced Level

ESL/EFL Test #141 "The Importation Process", answer 7

Then, he receives the supplier's invoice for the hair dryers FOB point of departure.

Correct answer: (c) point
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what is FOB?

Limm

[Kitosdad]

FOB means Free on board, and means that the supplier will pay the carriage of the item to the nearest point of departure. The buyer will then have to pay any further costs incurred.
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