Difference between revisions of "Free on Board Origin"
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F.o.b. origin” means free on board at origin; i.e., the seller or consignor places the goods on the conveyance. Unless the contract provides otherwise, the buyer or consignee is responsible for the cost of shipping and risk of loss.<ref> For use in the clause at 52.247-29, see the definition at 52.247-29(a). </ref> | F.o.b. origin” means free on board at origin; i.e., the seller or consignor places the goods on the conveyance. Unless the contract provides otherwise, the buyer or consignee is responsible for the cost of shipping and risk of loss.<ref> For use in the clause at 52.247-29, see the definition at 52.247-29(a). </ref> | ||
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<References/> | <References/> | ||
Revision as of 08:59, 10 September 2013
Free on Board (Origin)[1]
F.o.b. origin” means free on board at origin; i.e., the seller or consignor places the goods on the conveyance. Unless the contract provides otherwise, the buyer or consignee is responsible for the cost of shipping and risk of loss.[2]
References
Links and Related Pages
[[Category: FAR 2.1 - Definitions]