What is the full form of "FOB"?
A. Foreign Object Band
B. Free on Board
C. Financial Of BusinessPlan
D. Federal Of Bureau
Answer: Option B
Solution(By Examveda Team)
Free on Board (FOB) is a shipment term used to indicate whether the seller or the buyer is liable for goods that are damaged or destroyed during shipping. "FOB shipping point" or "FOB origin" means the buyer is at risk and takes ownership of goods once the seller ships the product.This Question Belongs to Abbreviations >> General Abbreviations
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