Free on Board (FOB) Explained: Pros & Cons, Sellers & Buyers
https://www.globalsources.com/knowledge/free-on-board-fob-explained-pros-cons-sellers-buyers-obligations/
WebMar 27, 2024 · Free on Board (FOB) is an international trade term, known as an Incoterm, that is used to denote when the risk and cost of goods shift from the seller to the buyer. Under FOB terms, the seller is responsible for the goods until they are loaded on board the ship at the port of shipment.
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