Commerce
NECO 2001
Which term means that for the price quoted, transporting the goods is ‘free’ up to the time it is placed on board a carrier?
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A.
carriage paid (Cge. Pd.)
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B.
cost on delivery (C.O.D.)
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C.
ex-ship
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D.
free on board (F.O.B.)
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E.
free on rail (F.O.R.)
Correct Answer: Option D
Explanation
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