ORGANISMES I NORMES INTERNACIONALS - SEGONA JORNADA

Which INCOTERM places the responsibility for export customs clearance on the seller?

• FCA

• EXW

• DDP

• FOB

What is the purpose of the INCOTERMS rule "CIF"?

• To specify delivery terms for air freight

• To indicate that the goods are delivered to the buyer's door

• To establish who pays for international shipping

• To define responsibilities and costs up to the named port of destination

Under which INCOTERM does the seller have the least responsibility and the buyer the most responsibility?

• CFR

• DAP

• EXW

• DAT

Under INCOTERM ___ the seller has to deliver the merchandise and place it at the buyer's disposal, ready to be unloaded at the designated place of destination. The seller has to take care of export customs clearance. However, he is under no obligation of performing the import customs clearance.

In the INCOTERM "DAT," what does "DAT" stand for?

• Delivery at Destination

• Delivered at Terminal

• Delivered at Door

• Delivery and Transfer

Which of the following INCOTERMS is suitable for both sea and air shipments?

• FOB

• DDP

• CIP

• EXW

Under the INCOTERM "FCA," where does the risk transfer from the seller to the buyer?

• In the delivery place, before the goods are unloaded from the first transport for delivery to the carrier hired by the buyer

• Once the goods have been loaded in the first carrier, at the seller’s factory or warehouse)

• During transportation

• At the port of destination

What does "FOB" stand for in INCOTERMS?

• Freight On Buyer

• Fast Ocean Break

• Free On Board

• Free Over Border

Under INCOTERM ___ the seller is resonsible for all transfer charges and risks until the merchandise is delivered to the buyer. The import customs clearance is also under his charge

In the INCOTERM "CFR," who is responsible for unloading the goods from the ship at the destination port?

• Seller

• Buyer

• Carrier

• Freight forwarder