Intro to commercial law

INCOTERMS are published by the (a)  

Incoterms stands for International ___ ___

(a)  

The first category of Incoterms is known as rules for ___ ___ ____.

(a)  

The second category of incoterms is known as rules for ___ and ___ ___ transport

(a)  

Incoterms specify the (a)   of each party (e.g., who is responsible for transport or export clearance)

Incoterms specify the point in the journey where (a)   transfers from the seller to the buyer.

Under the EXW rule, the seller is responsible for loading the goods onto a vehicle.

• True

• False

Under the FCA rule, the buyer is responsible for export clearance.

• True

• False

FOB is the abbreviation for

(a)  

FCA is the abbreviation for

(a)