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FOB is only used in non-containerized sea freight or inland waterway transport. As with all Incoterms, FOB does not define the point at which ownership of the goods is transferred. In the world of global trade, understanding who is responsible for goods during shipment is crucial. Legal, Financial, and Insurance Implications They would incur charges

Dummies has always stood for taking on complex concepts and making them easy to understand. Dummies helps everyone be more knowledgeable and confident in applying what they know. Whatever your bookkeeping needs, this practical guide will help you ensure that the numbers add up every time. Bookkeeping is the process of recording all your business’s