Who would be responsible for shipping costs

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Reference no: EM133202372 , Length: Wrod Count: 500 words.

Discussion Post: Free on Board Shipping and FOB Destination

1. What is the difference between FOB shipping point and FOB destination? Why is it so important that the seller and buyer understand the difference, as well as have it included in the terms of the sale? If it is not included in the terms of the sale, who would be responsible for shipping costs?

2. Is the accounting system the same for a merchandising business and a service business?

Reference no: EM133202372

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