Incoterms Quiz

Incoterms Quiz

University - Professional Development

20 Qs

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Incoterms Quiz

Incoterms Quiz

Assessment

Quiz

Education, Other, English

University - Professional Development

Practice Problem

Hard

Created by

Anastassiia N

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

When were the first rules of Incoterms published?

1936

1953

1966

1947

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

How many rules are defined in Incoterms 2020?

10

11

12

15

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is the cheapest and best way of transporting heavy goods over a long distance?

Land

Air

Sea

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

According to which Incoterm rule the Seller must clear the goods for export?

EXW

CPT

FAS

CIF

5.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

What is not covered by Incoterms?

Ownership of the goods

Obligations of the parties

Disputes Resolution

Risks and responsibility in case of damage

Point of Destination

6.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Which is/are the most commonly used Incoterm rule(s)?

FAS

CIF

FOB

CPT

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is clarified basically by Incoterms?

The ownership of goods.

The point of destination of the goods.

The responsibility for the risks that may arise.

The obligations of the parties under the contract.

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