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WAEC Commerce 2024 Paper
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© africaexams.com
Question : 19
Total: 50
A price quotation that includes the cost of delivering the goods up to the ship but excludes the cost of loading is
FAS
FOB
Franco
CIF
Validate
Solution:
FOB means free on board, i.e, the goods become the liability of the buyer when loaded. The sellers collect charges up to loading
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