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If a Shipping Document Enclosed with an Inventory Delivery States

Question 21

Multiple Choice

If a shipping document enclosed with an inventory delivery states "FOB shipping point", when would the title, or ownership, of the inventory pass to the veterinary practice?


A) when the merchandise is shipped
B) when the merchandise is delivered to the veterinary practice
C) upon receipt of payment
D) when the merchandise is delivered to the shipper

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