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FOB stands for Freight On Board. It determines where the ownership of the goods transfers so it is clear who has the risk. FOB indicates that once the goods have been turned over to the shipping company, the purchaser assumes the risk of loss.

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13y ago

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Related Questions

What do the letters fob stand for in key fob?

Free On Board (FOB)


How to calculate FOB from CIF?

fob


Vw key fob light stays on?

I have a Toyota, and my key fob light stayed on also. I called the dealer, and they said the button on the fob was stuck down INSIDE the fob. So, I simply unscrewed the screw on the back of the fob, opened the fob, then put it back together. The fob was fixed. I didn't have to fix anything in the fob.


What does fob in key fob stand for?

Fob stands for Fresh Of The Boat. FOB is a term for a new person in the country that stands out


What are the major implications of FOB and CIF contracts respectively with regard to functional responsibilities cost sharing and risk transfer?

FOB (Free on Board) contracts place the responsibility for costs and risks on the seller until the goods are loaded onto the vessel, after which the buyer assumes responsibility. This means that the seller bears shipping and insurance costs up to that point, while the buyer handles costs and risks during transit. In contrast, CIF (Cost, Insurance, and Freight) contracts require the seller to cover all expenses, including shipping and insurance, until the goods reach the destination port, transferring more risk and cost responsibility to the seller. Therefore, FOB emphasizes buyer responsibility post-loading, while CIF provides greater seller responsibility throughout the shipping process.


Why does key fob not open central locking on X reg Renault Clio when Fob Battery is fine?

the fob may need recoding to the vehicle, if you still have the second fob then point and operate this fob at the receiver (by the interior mirror) and operate the faulty fob at the same time, this should bring the second fob back into sinc. robb


Full form of FOB?

FOB :- Free on Board


What does fob apache mean?

A FOB is a Forward Operating Base. FOB Apache is in Southern Afghanistan, near Qalat.


Where is fob hughie?

FOB Hughie is in Jalalabad City, Nangarhar Province, Afghanistan. It is adjacent to FOB Finley Shields


Audi key fob?

what is the reason for not fixing camera in key fob


Who pays FOB?

IN TERMS OF FOB, Who pay pre -carriage? answer: seller


What is the true meaning of FOB as in key FOB?

frequency operated button

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