Chapter 6: Incoterms Quiz

What does "DEQ" mean in Incoterms?

• Detailed Export Quota

• Delivery Ex Quay

• Document Entry Query

• Domestic Export Quantity

The abbreviation "CFR" in Incoterms means what?

• Cost and Freight

• Container Freight Rate

• Custom Freight Regulation

• Cargo Forwarding Responsibility

What does "FBL" stand for in Incoterms?

• Full Bill of Lading

• Freight Bill Listing

• Forwarding Business License

• Freight Booking Log

What is the significance of "POD" in Incoterms?

• Port of Discharge

• Proof of Delivery

• Port of Destination

• Payment on Delivery

The term "OBL" in Incoterms stands for what?

• Original Bill of Landing

• Oceanic Bill of Loading

• Official Business Listing

• Outbound Logistics

What does "LC" stand for in Incoterms?

• Loading Cargo

• Logistics Coordination

• Letter of Credit

• Logistics Control

What does "CIF" represent in Incoterms?

• Cargo Inspection Fee

• Cost, Insurance, and Freight

• Custom Inspection Form

• Cash In Full

The abbreviation "ETD" in Incoterms stands for what?

• Estimated Time of Delivery

• Estimated Transit Duration

• Estimated Time of Departure

• Estimated Transit Distance

What does "CY" mean in Incoterms?

• Cargo Yard

• Container Yard

• Cargo Yacht

• Container Yield

In Incoterms, what does "DAP" mean?

• Documented Arrival Process

• Delivery at Port

• Delivered at Place

• Detailed Arrival Protocol