Among all the Incoterms _____ imposes the minimum obligation and cost to the seller.
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The term CIF should be followed by_______.
A. named port of shipment
B. named place of destination
C. named place of loading
D. named port of destination
FOB and CFR share one thing that_______.
A. risk is transferred when the goods shipped on board the carrying vessel.
B. they can be used in any mode of transport
C. the seller will be responsible for the unloading at the port of destination.
D. none of the above
The Incoterms 2010 requires the buyer to handle the import customs clearance except under .
A. EXW
B. FCA
C. DAP
DDP
The derived terms are used to specify clearly the responsibility and the cost of __________.
A. loading
B. unloading
C. stowing
D. landing
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