WorksheetsIncoterms
Total questions: 16
Worksheet time: 16mins
What is the difference between Prepaid and Collect?
How many Incoterms are on 2020 version?
10
11
9
13
How many Incoterms are on 2020 version?
A document that shows the ownership of the cargo
A document that serves as a international transport ticket
A document needed for the cargo to enter the port
A document needed for loading the cargo to the vessel
What are the most common Incoterms used in Cafelumbus/Cumbres?
FOB and CIF
CFR and FOB
FOB and EXW
Only FOB is used
Do Incoterms determine when the payment of the invoice must be done?
True
False
In which Incoterm does the buyer assumes most of the risk and responsibility over the cargo?
FOB
FAS
DDP
EXW
Is FOB a Prepaid or Collect term?
Prepaid
Collect
What do Incoterms determine?
Transfer of risk, cost and responsibility
When the invoice will be paid
How the container or the cargo must be stuffed
None of the above
What is the lasted version of Incoterm?
2021
2015
2020
2010
Does FOB term can be used on any type of transport?
Sure, why not? FOB all the way!
No, what's wrong with you!!?
Where does the seller delivers the cargo under CIF?
At the destination port (unloaded)
At the destination port (loaded)
At destination, passed customs
At buyer's warehouse
If working under EXW, who is charged of paying of the loading of the truck?
Buyer
Seller
None. it is free.
What is the difference between CFR and CIF?
What are the exclusive terms for maritime transport?
On what circumstances FAS is most commonly used?
Bulk Cargo
Food cargo
Jewelry Cargo
Oversize cargo
Under what Incoterm do you think we send non commercial samples?
FOB
FAS
EXW
DDP
