Business Studies · International Business
Draper is selling goods to Jogger. Jogger has insisted that Draper must clear the goods for export and load them on the ship nominated by Jogger at the port named in the contract. Under FOB (Free On Board) terms, when do the cost and risk pass to Jogger?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1When the goods are unloaded at Jogger's nominated port
- 2When the goods are delivered on board the ship✓
- 3When the goods are placed alongside the ship
- 4When Draper makes the goods available at his factory
Correct answer
When the goods are delivered on board the ship
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