Ask Question
BusinessBusiness
22 July, 10:21

Sweet store buys chocolate from tasty candies, inc. the parties agree that the chocolate will be shipped "f. o. b. sweet store" via united railroad corporation. the chocolate is lost in transit. the loss is suffered by

+2
Answers (2)
  1. 22 July, 10:23
    0
    Tasty Candies

    Explanation:

    F. O. B or "Freight on Board" is a term used to describe who is liable for transportation charges and who is the owner while the shipment is in transit. F. O. B destination means seller is responsible for the transportatino charges unitl the shipment reaches the buyer. Here F. O. B sweet store is stated which means Sweet Store is the destination and Tasty Candies will pay the transit cost. The loss in this case is suffered by Tasty Candies
  2. 22 July, 10:46
    0
    With the designation of FOB Sweet Store, Tasty Candies is liable for all damages in transit until the product reaches Sweet Store.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Sweet store buys chocolate from tasty candies, inc. the parties agree that the chocolate will be shipped "f. o. b. sweet store" via united ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
The law enforcement budget at the county level is approved by the
Answers (1)
Which of these assumptions can an entrepreneur safely make when planning a start-up? Check all that apply. Setting up a business in a large city will guarantee its success. Customers exist for every product.
Answers (1)
In the long run, if price is below the average variable cost, the perfect competitive firm should
Answers (1)
One test of evidence is "does the evidence come from unbiased sources?"
No Answers
A company's inventory records report the following in November of the current year: Beginning November 1 5 units @ $20 Purchase November 2 10 units @ $22 Purchase November 12 6 units @ $25 On November 8, it sold 12 units for $54 each.
Answers (1)
New Questions in Business
What way of calculating ROI makes it easiest to compare investments?
Answers (1)
Select the correct answer. Which assumption is a factor in Ricardo's Theory of International Trade? A. trade flow is restricted across borders B. trade laws are different in different nations C. labor is an irrelevant factor of production D.
Answers (1)
Some company executives favor the idea of contract manufacturing using local players, whereas others feel a direct investment strategy would be better. What would most strengthen argument for direct investment?
Answers (1)
A company has a defined benefit pension plan for its employees. On December 31, year one, the accumulated benefit obligation is $45,900, the projected benefit obligation is $68,100, and the fair value of the plan assets is $62,000.
Answers (2)
Which type of workplace culture emphasizes the development of new skills? a. achievement-based b. adaptive-based c. involvement-oriented d. consistency-oriented
Answers (2)
Home » Business » Sweet store buys chocolate from tasty candies, inc. the parties agree that the chocolate will be shipped "f. o. b. sweet store" via united railroad corporation. the chocolate is lost in transit. the loss is suffered by
Sign Up Forgot Password?