What is the term used that means the seller pays the cost of loading the products onto some transportation vehicle, then at the point of loading, title passes to the buyer who usually also assumes responsibility for damage en route and pays the freight costs?
A. Freight absorption pricing
B. Zone pricing
C. F.O.B. pricing
D. Uniformed delivered pricing
E. Loading cost pricing
Answer: (C). (A) means absorbing freight costs so that a firm's delivered price meets the nearest competitors, and is incorrect. (B) refers to making an average freight charge to all buyers within specific geographic areas and is incorrect. (D) is also incorrect and refers to making an average freight charge to all buyers. (E) is a nonsense answer and is incorrect.