Multiple Choice
Under the ancient maritime custom regarding Free On Board,if a piece of cargo breaks loose while crossing the ship's rail and lands on the ship,it becomes the responsibility of
A) the exporter.
B) the importer.
C) the harbor master.
D) All of the above
E) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q27: Incoterms stands for<br>A) terminal incorporation procedures.<br>B) in-country
Q28: Under the FOB Incoterm,in countries where export
Q29: In planning their export strategy,companies generally determine
Q30: Under the DDU Incoterm,it is the responsibility
Q31: As of the revision in 2000,the only
Q33: While on the surface Incoterms determine who
Q34: As far as the importer is concerned,under
Q35: Incoterms determine<br>A) how much the agents commission
Q36: Under Incoterm DEQ,transfer of responsibility for cargo
Q37: In terms of cost and responsibility,the easiest