Incoterms Multiple Choice Questions
Authored by saad chlih
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3rd Grade
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does EXW stand for?
Export Warehouse
Ex Works
Exit Way
Exclusive Warranty
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Under which Incoterm does the seller bear the least responsibility?
CIF
FOB
EXW
DDP
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which Incoterm places the most responsibility on the seller?
EXW
DAP
DDP
FCA
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which Incoterm is appropriate only for sea or inland waterway transport?
FCA
CIP
FOB
DAP
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In FOB, when does the risk transfer to the buyer?
At the buyer's warehouse
When goods are loaded on board
When goods leave the seller’s factory
Upon arrival at destination port
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who is responsible for unloading under DAP?
Seller
Buyer
Both
Freight Company
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
CIF includes which of the following?
Cost only
Cost and Freight
Cost, Insurance, and Freight
Freight and Duties
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