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NRA Knowledge retention 2

Authored by IRIS DAGHNEY BUEN

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Professional Development

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NRA Knowledge retention 2
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14 questions

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1.

LABELLING QUESTION

1 min • 1 pt

An Incoterm that places maximum responsibility of the Seller at the Destination.

a
EXW (Ex Works)
FOB (Free On Board)
DDP (Delivered Duty Paid)
DAP (Delivered At Place)

2.

LABELLING QUESTION

1 min • 1 pt

A C-group Incoterm which the Seller covers charges and freight upto destination port, but Insurance is an optional to arrange separately by the Buyer.

a
CPT (Cost To Be Paid)
CIP (Carrier & Insurance to be Paid)
CIF (Cost Insurance & Freight)
CFR (Cost & Freight)

3.

LABELLING QUESTION

1 min • 1 pt

A C-group incoterm which the Seller provides mandatory Insurance and covers cost until destination port

a
CIF (Cost Insurance & Freight)
CPT (Cost To Be Paid)
CFR (Cost & Freight)
CIP (Carrier & Insurance to be Paid)

4.

LABELLING QUESTION

1 min • 1 pt

An Incoterm that places maximum responsibility of the Buyer at the Destination.

a
FOB (Free on Board)
EXW (Ex Works)
DAP (Delivered At Place)
DDP (Delivered Duty Paid)

5.

LABELLING QUESTION

1 min • 1 pt

An F-group incoterm which the Seller transport goods and ends the responsibility next to the vessel or alongside the ship.

a
FCA (Free Carrier)
FAS (Free Alongside Ship)
FOB (Free On Board)

6.

LABELLING QUESTION

1 min • 1 pt

An F-group incoterm which the Seller handled the goods to the first carrier for transportation. It also often for containerized shipments.

a
FAS (Free Alongside Ship)
FCA (Free Carrier)
FOB (Free On Board)

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

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