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
Barcelona demands a certain level of quality and the organization is continuously raising the bar on expectations. Given this focus, what type of individual difference would be the best fit for working at Barcelona? A person with: a.
Answers (1)
If, for a given percentage increase in price, quantity demanded falls by a proportionally smaller percentage, the demand is A. perfectly elastic. B. relatively elastic. C. unit elastic. D. relatively inelastic.
Answers (1)
Which of the following best defines an in-text citation? A. A brief quotation from an outside author's work that leads the readers to works by the same author. B.
Answers (1)
What is moral hazard? It refers to the actions people take before they enter into a transaction so as to mislead the other party to the transaction.
Answers (1)
According to the Fisher effect, if the "real" rate of interest in a country is 3 percent and the expected annual inflation is 8 percent, what would the "nominal" interest rate be
Answers (1)
New Questions in Business
In what federal body do all bills concerning taxes originate?
Answers (1)
True or false There are no jobs that are able to fit into multiple career categories
Answers (1)
Having a good credit score is important because A it can impact your ability to get your drivers license
Answers (1)
During the year, Apex Co. sold an unprofitable component of the company. The component had a net loss from operations during the period of $150,000 and its assets sold at a loss of $100,000.
Answers (1)
York's outstanding stock consists of 65,000 shares of noncumulative 7.0% preferred stock with a $5 par value and also 110,000 shares of common stock with a $1 par value.
Answers (1)
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?