Question

Growers Mart buys one hundred cases of berries from Hilltop Farms. The parties agree that the berries will be transported "F.O.B. Hilltop Farms" via Refrigerated Trucking Company. Refrigerated's truck and the berries are lost in a fire following an accident. The loss of the berries is suffered by______.a. all of the parties as tenants in common in equalmeasure.b. Growers Mart.c. Hilltop Farms.d. Refrigerated Trucking.

Answer 1

Answer:

Grower Mart

Explanation:

("FOB shipping point" or "FOB origin")is a term that stands for from the point of origin.  This means that the buyer incur any risk and takes delivery of  the goods once the seller ships the goods.  The supplier records it as a sale at the point of departure from its shipping dock. meaning that the purchaser pays the shipping cost from the factory or warehouse and gains ownership of the goods as soon as it leaves its point of origin.

When the term "F.O.B. Hilltop Farms" it means it is from the point of origin