Incoterms

What does FOB stand for?

• Free on Board

• Free on Buyer

• Freight on Board

• Freight on Buyer

What is an EX-Works transaction?

• an arrangement where the buyer handles all export documentation

• an agreement where the buyer covers all transportation costs and risks

• a rule where the seller is responsible for delivery to the buyer’s door

• a trade term that involves the seller arranging customs clearance

Fixed or variable charges imposed for specific services, permits, licenses, or administrative processes, such as costumes clearance, inspection, or documentation are referred to as:

• rates

• fees

• expenses

• taxes

In _____ transactions, the shipper/seller has the same obligations found with CIF, with the addition that the seller has to buy cargo insurance, naming the buyer as the insured while the goods are in transit.

• CIP

• DAF

• CFR

______a trade term where the seller is responsible for delivering the goods to a named destination, which could be a place or location, and covering the costs of transportation. The risk of loss or damage transfers from the seller to the buyer once the goods are in the possession of the carrier.

• CPT

• DDP

• DES

The seller agreed to deliver the goods _______

the buyer/consignee's door, covering the transportation and delivery costs to the final destination.

• at

• to

• for

Additional charges for handling and ______[store] were incurred during the transportation of the goods.

a uniform language

• движение/передвижение товаров

• оформить страховку на товар

• законное владение

• единый язык

legal possession

• движение/передвижение товаров

• оформить страховку на товар

• законное владение

• единый язык

inland transportation

• внутренние перевозки

• мультимодальные перевозки

• морская фаза путешествия

• водные перевозки