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Incoterms

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Incoterms
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5 questions

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1.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Based on the recent Incoterms 2010, how many Incoterms are there?

7

9

11

10

2.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Which of the following does not belong in Incoterms 2010?

FAS (Free Alongside Ship)

FOB (Free On Board)

CFR (Cost and Freight)

DDU (Delivered Duty Unpaid)

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The following statement describes which Incoterms?


"Seller delivers the goods on board the vessel or procures the goods already so delivered. The risk of loss of or damage to the goods passes when the goods are on board the vessel".

FOB

FAS

CFR

CPT

4.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Under CFR- Cost and Freight Incorterm, who shall bear the costs and freight necessary to bring the goods to the named port of destination?

Seller

Buyer

5.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Under FOB (Free On Board) Incoterm, who shall clear the goods at the Export customs?

Seller (exporter)

Buyer (Importer)

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