When a price is quoted at F.O.B. it means that the price?

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Commerce JAMB 1998

When a price is quoted at F.O.B. it means that the price?

  • excludes loading charges incurred in bringing the goods to port of destinction
  • exclude all necessary shipping charges payable for insurrance
  • includes all charges payable on shipping a consignment to the port destination checkmark
  • includes charges payable for for loading goods onto the ship

The correct answer is: C

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