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F.O.B. pricing is a policy under which:

A) buyers pay the freight charges B) buyers pay the factory charges C) retailer pay the freight charges D) Both (A) and (B) E) None of these

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Question added by Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town
Date Posted: 2014/04/11
shaimaa selim
by shaimaa selim , Accountant , Center for Egyptian women's legal assistance (CEWLA foundation)

A is the correct answer

FOB  indicates that the person or organization (receiving the goods) is responsible for freight costs.

Rajiv Yajnik
by Rajiv Yajnik , Vice Pesident Fmcg & Sugar , EID Parry India Ltd

None of the above..

Sidvin Shetty
by Sidvin Shetty , Trade Marketing Executive , Al Khayyat Investments

It is a type of arrangement where the distributor or retailer's responsibility is to deliver the products at pre agreed location & all costs pertaining to shipping, freight, carry & forward has to be paid by the "Buyer" thus: it is (A) - Buyers pay the freight charges

:-)

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