Unless the parties specify differently, the term FOB delineates ...

[Mimi]

Unless the parties specify differently, the term FOB delineates the point at which the supplier is responsible for freight charges and where the purchaser assumes title to the shipment.
 a. True
  b. False
 Indicate whether the statement is true or false

Question 2

All of the following are components of a logistics system except:
 a. Warehousing.
  b. Packaging.
  c. Order processing.
  d. Merchandising.
  e. Materials handling.

[verrinzo]

Answer to Question 1

True

Answer to Question 2

D