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TTTM

Authored by Trân Bảo

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University

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TTTM
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64 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The seller pays all delivery costs to a named destination, except for insurance.

CFR

CIF

CPT

CIP

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The seller pays the costs and freight charges for delivery of the goods to the named port and clears the goods for export but the buyer bears the risks after shipment.

CFR

CIF

CPT

CIP

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The same as CFR, except the seller also pays the cost of insurance.

CFR

CIF

CPT

CIP

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The seller pays the costs and freight charges for delivery to the goods to the named port but also clears the goods for export and contracts for insurance (min. coverage only required).

CFR

CIF

CPT

CIP

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The seller pays all delivery costs to a named destination. The buyer pays any additional costs after the goods have been delivered nominated carrier.

CFR

CIF

CPT

CIP

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The seller pays for carriage to the named destination but the risk and any additional costs are transferred to the buyer.

CFR

CIF

CPT

CIP

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The seller pays transport and insurance to a named destination, but not import duty.

CFR

CIF

CPT

CIP

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