When 'FOB' is written on a document, it implies that the buyer bears the?

When "FOB" is written on a document, it implies that the buyer bears the transport and communication costs. FOB stands for "Free on Board," which means that the seller is responsible for the cost of loading the goods onto a shipping vessel or other transport mode. However, once the goods are loaded and in transit, the buyer becomes responsible for all costs associated with transporting the goods to their final destination, including any necessary communication costs. This term is commonly used in international trade to define the point at which the buyer assumes responsibility for the goods and associated costs. It is important to clarify the FOB point in any contract or agreement to avoid confusion and ensure that both parties understand their obligations and responsibilities.