Incoterms

Incoterms

University

11 Qs

quiz-placeholder

Similar activities

Quiz 1 Mid-term

Quiz 1 Mid-term

University

11 Qs

MUTUAL FUNDS

MUTUAL FUNDS

12th Grade - Professional Development

13 Qs

SUPPLY CHAIN PLANNING NMH

SUPPLY CHAIN PLANNING NMH

University

15 Qs

Intro to Finance and Accounting Workshop 2

Intro to Finance and Accounting Workshop 2

University

10 Qs

CHAPTER 2: Financial Statements

CHAPTER 2: Financial Statements

University

10 Qs

AF-Activity on LM01-CP02 v2.0

AF-Activity on LM01-CP02 v2.0

University

15 Qs

Introduction to income tax

Introduction to income tax

University

10 Qs

SMGF133 Topic 1

SMGF133 Topic 1

University

10 Qs

Incoterms

Incoterms

Assessment

Quiz

Business

University

Medium

Created by

Juan Camilo Giraldo Vanegas

Used 216+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

11 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which incoterm places minimum responsibility on the seller?

Free On Board (FOB)

Ex works (EXW)

Delivery Duty Paid (DDP)

Delivered at place (DAP)

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which incoterm is used only to refer to goods transported by ship?

Free On Board (FOB)

Free Alongside Ship (FAS)

Cost and freight (CFR)

all of the above

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Cost, insurance and freight (CIF) can be used for ______

Inland transportation

Maritime transportation

Air transportation

Any mode of transport

4.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

What are the Incoterms?

International Commercial Terms

International Correction Terms

International Corporation Terms

None of the above

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_______ means the seller is responsible for the goods until they are loaded. The seller must pay all costs related to getting the goods to port and onto vessel

COST & FREIGHT (CFR)

FREE ON BOARD (FOB)

DELIVERY AT PLACE UNLOADED (DPU)

FREE ALONGSIDE SHIPS (FAS)

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

__________ means the price includes the cost of goods, insurance and transportation to the destination port.

COST AND FREIGHT (CFR)

COST INSURANCE FREIGHT (CIF)

CARRIAGE AND INSURANCE PAID TO (CIP)

DELIVERY DUTY PAID (DDP)

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

_________ places the maximum obligation on the seller, and is the only rule thath requires the seller to take responsability for import clearance.

Carriage Paid to (CPT)

Free Carrier (FCA)

Delivered at Place Unloaded (DPU)

Delivered Duty Paid (DDP)

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?