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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

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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.
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