Incoterms_Test_Crystal

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

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

FOB Ho Chi Minh, talking about export or import?

• Export

• Import

• Re-export

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

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

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 ®