FOB Passage of Title and Risk of Loss Table
Description of Passage or Risk | Destination, Prepaid & Allowed | Destination, Prepaid & Added | Shipping Point, Prepaid & Allowed | Shipping Point, Prepaid & Added |
---|---|---|---|---|
Title To Goods Pass At | Southeastern Receiving | Southeastern Receiving | Seller’s Dock | Seller’s Dock |
Pays Freight Charges | Seller | Seller | Seller | Seller |
Bears Freight Charges | Seller | Buyer | Seller | Buyer |
Owns Goods In Transit | Seller | Seller | Buyer | Buyer |
Files Claims, If Any | Seller | Seller | Buyer | Buyer |