Terms of Sale and Risk of Loss
The risk of loss to goods being shipped may restwith the buyer or the seller, depending on theterms of the sale.
When goods are shipped "F.O.B. Point of Origin,"title passes to the buyer when the goods areloaded on the conveyance.
Goods shipped "F.O.B. Destination," on the other hand, remain the property of the seller until theyarrive at their destination.