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Question 1 (1 point) In the following situation, who owns the inventory while it is in transit? You, the seller, sold inventory with shipping terms

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Question 1 (1 point) In the following situation, who owns the inventory while it is in transit? You, the seller, sold inventory with shipping terms FOB shipping point. Inventory cost $3,680. 1) the seller 2) both the seller and the buyer 3) neither the seller nor the buyer 4) the buyer Question 2 (1 point) In the following situation, who owns the inventory while it is in transit? You buy inventory with shipping terms FOB destination. The cost of inventory was $8,750. 1) neither the seller nor the buyer 2) the buyer 3) the seller 4) both the seller and the buyer

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