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Exercise 3-6: Understanding the freight terms FOB shipping point and FOB destination Required: Determine which party, buyer or seller, is responsible for freight charges in

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Exercise 3-6: Understanding the freight terms FOB shipping point and FOB destination Required: Determine which party, buyer or seller, is responsible for freight charges in each of the following situations: a) Sold merchandise, freight terms, FOB shipping point b) Sold merchandise, freight terms, FOB destination C) Purchased merchandise, freight terms, FOB shipping point d) Purchased merchandise, freight terms, FOB destination

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