Question

Under FOB destination, title to merchandise passes to the purchaser when: the sale is recorded merchandise...

Under FOB destination, title to merchandise passes to the purchaser when:

the sale is recorded

merchandise is shipped to the purchaser

merchandise is received by the purchaser

payment is made

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Answer #1

Answer

--The correct Answer is Option #3

--Under FOB destination, title to merchandise passes to the purchases when "MERCHANDISE is RECEIVED by the PURCHASER"

--So far as the goods are in transit, they are included in Seller's inventory.
--As soon as they reach destination, and are received by the purchases, the title passes to the purchaser.

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