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12.) Frey buys merchandise from Bolton for $150,000. Bolton pays all shipping and handling costs and Frey does not take ownership of the inventory until

12.) Frey buys merchandise from Bolton for $150,000. Bolton pays all shipping and handling costs and Frey does not take ownership of the inventory until it reaches the warehouse. This type of purchase agreement is known as: A) Freight-On-Board Shipping Point B) Freight-in C) Freight-On-Board Destination D) Freight-Out

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