Shipping contracts often add specific payment terms to the FOB Destination designation:
(often referred to as FOB Destination ) is a shipping term meaning that the seller remains legally responsible for goods until they physically reach the buyer's specified location . What Does On Board Destination Mean
: Because the seller bears the risk and cost, they usually choose the carrier and shipping route. Common Variations Shipping contracts often add specific payment terms to
: The seller pays the carrier but bills the cost back to the buyer on the invoice. What Does On Board Destination Mean
: If goods are lost or damaged in transit, it is the seller's responsibility to file insurance claims or provide replacements.