The purpose of reviewing FOB terms on the invoice is to: a. calculate the amount of freight payable b. decide and confirm the transporter c. identify the person liable to pay freight d. locate the transporter
Question:
The purpose of reviewing FOB terms on the invoice is to:
a. calculate the amount of freight payable
b. decide and confirm the transporter
c. identify the person liable to pay freight
d. locate the transporter
Answers (1)
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Nona April 18, 2023 в 02:20The answer is a. calculate the amount of freight payable. FOB terms on an invoice refer to the shipping terms agreed upon by the buyer and the seller, including who is responsible for and pays for freight, insurance, and other shipping costs. By reviewing FOB terms on an invoice, a buyer can accurately calculate the amount of freight payable and ensure that the seller has correctly charged for shipping costs. It is important for a buyer to review FOB terms to avoid overpaying for shipping or being held liable for unexpected charges. Identifying the person liable to pay freight or confirming the transporter may be addressed in the FOB terms, but the primary purpose of reviewing FOB terms is to calculate freight costs.
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