Complete the following table to show how FOB terms apply to

Complete the following table to show how FOB terms apply to merchandise inventory purchased by a merchandiser.

FOB Term When does the title to the goods transfer to the buyer? Who pays the freight?
Shipping Point
Destination

What will be an ideal response

ANSWER

FOB Term When does the title to the goods transfer to the buyer? Who pays the freight?
Shipping Point When the goods leave the seller’s place of business (shipping point) Buyer
Destination At the delivery destination point Seller