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When a price is quoted at F.O.B. it means that the price?

Commerce
JAMB 1998

When a price is quoted at F.O.B. it means that the price?
  • A. excludes loading charges incurred in bringing the goods to port of destinction
  • B. exclude all necessary shipping charges payable for insurrance
  • C. includes all charges payable on shipping a consignment to the port destination
  • D. includes charges payable for for loading goods onto the ship
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Correct Answer: Option C
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