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    • Free on Board (FOB) Explained: Who's Liable for What in Shipping?

      Mountain View Telegraph· 10 minutes ago

      Free on Board (FOB) is a shipment term that defines the point in the supply chain when a buyer or seller becomes liable for the goods being transported. The buyer is responsible if the goods are damaged or lost while in transit.

    • What is a recourse loan?

      What is a recourse loan?

      Bankrate via Yahoo Finance· 1 day ago

      Key takeaways You are considered personally liable with recourse loans. Lenders can seize assets not listed in the loan agreement with a recourse loan....