Incoterms_Test_Crystal
Authored by Hannah Hu
Business
1st Grade
Used 6+ times
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6 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
CFR Haiphong, who pays the freight? Who bears the risk?
A. a) Seller b) Buyer & Seller
B. a) Buyer b) Seller
C. a) Forwarder b) Seller
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which Incoterm? “The seller must bear all risk of loss of or damage to the goods until such time as goods have passed the ship’s rail at the port of shipment”
FOB
CIF
CPT
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
FOB Ho Chi Minh, talking about export or import?
Export
Import
Re-export
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
For goods sent “EXW” Seller where is the transfer of risk?
Once buyer picks up goods at the Seller’s named place
Seller delivers the goods to the Seller’s named place
Seller clears the goods for export
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The seller delivers the goods to the buyer’s appointed forwarder at origin country, what is the correct Incoterm?
FOB, FCA & FAS
FOB & FCA
FOB & FAS
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How to write in correct Incoterm: Port to Port (Vietnam – Chittagong), Freight Prepaid
CFR Chittagong, Bangladesh incoterms 2020 ®
FOB HO Chi Minh, Vietnam incoterms 2020 ®
CIF Ho Chi Minh, Vietnam incoterms 2020 ®
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