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Conocimiento sobre Incoterms

Total questions: 20

Worksheet time: 15mins

Name
Class
Date
1.

In a business meeting, Evelyn, with a smile, asks: What are Incoterms? Does anyone dare to answer?

a)

Incoterms are international commercial terms that regulate the delivery of goods.

b)

They are safety standards for the transportation of goods.

c)

They are legal terms that regulate employment contracts.

d)

They are taxes applicable to the importation of products.

2.

Hello, Emma! Imagine you are on an exciting adventure importing goods from Europe. For your journey to be a success, you need to understand the delivery terms. What do you think is the main function of Incoterms in this journey?

a)

Establish prices for the goods.

b)

Regulate the quality of the products.

c)

Define the delivery time of the goods.

d)

Define responsibilities and risks in the transportation of goods.

3.

Hello, friends! Avery, along with her companions Michael, Aria, and Daniel, is organizing an exciting international shipment. But there is a question that intrigues them: How many types of Incoterms are there?

a)

10 types of Incoterms

b)

12 types of Incoterms

c)

11 types of Incoterms

d)

9 types of Incoterms

4.

In a lively business meeting, Evelyn and Mason find themselves debating the shipping terms for an exciting international contract. Mason, with a smile, mentions that the term FOB is key to understanding who bears the transportation costs. Do you know what the term FOB means in Incoterms?

a)

Freight Over Board

b)

Freight On Board

c)

Free On Board (FOB)

d)

Free Of Burden

5.

Harper, along with his friends Mason and Avery, is organizing the exciting shipment of goods to their client abroad. While reviewing the documents, they wonder, what does the term CIF really mean in Incoterms?

a)

Cost, Freight and Delivery

b)

Cost and Freight

c)

Cost, Insurance and Freight

d)

Cost, Insurance and Delivery

6.

Hello, international trade adventurers! Abigail, our logistics expert, is organizing an exciting international shipment and encounters a mysterious term: what does DDP mean in the world of Incoterms? Help Abigail solve this enigma!

a)

Delivered Duty Paid (DDP)

b)

Delivered at Place (DAP)

c)

Delivered Duty Unpaid (DDU)

d)

Delivered Duty Paid (DDC)

7.

Hello, Michael! Imagine you are selling machinery to a company in another country. What obligations do you have as a seller under the Incoterms? Think about what Oliver, Aria, and Aiden would say about this.

a)

The seller must deliver the goods, assume costs and risks until delivery, and provide necessary documentation.

b)

The seller only needs to deliver the goods in their country.

c)

The seller must only provide the sales invoice.

d)

The seller does not assume any costs or risks.

8.

Hello, adventurer Elijah! Imagine that you decide to buy industrial machinery from a supplier abroad. What exciting obligations do you have as a buyer under the Incoterms?

a)

The buyer must deliver the goods to the seller.

b)

The buyer does not have to pay taxes.

c)

The buyer must insure the goods during transport.

d)

The buyer must pay the price, assume risks, carry out customs procedures, and pay duties.

9.

Hello, Abigail! Imagine you are in an exciting negotiation to import products from Europe. Do you know how Incoterms can help you in this contract?

a)

Incoterms are just recommendations without legal value.

b)

Incoterms define responsibilities and risks in a sales contract.

c)

Incoterms determine the price of the products.

d)

Incoterms are used only for land transportation.

10.

Hello, adventurers of commerce! Lily, our logistics expert, is organizing an exciting shipment of goods by sea to her client in a distant country. Which of the following Incoterms should she choose to ensure that all transportation and insurance costs are covered and her client receives their treasure without surprises?

a)

EXW

b)

CIF

c)

FOB

d)

DAP

11.

Hello, adventurers! Abigail is on an urgent mission to send a package to her friend in a distant country. Which of these Incoterms should she use to ensure that her package arrives flying through the air?

a)

DAP

b)

EXW

c)

FCA

d)

CPT

12.

Imagine that Mason, along with his friends Elijah and Aria, is on an exciting shopping adventure abroad. What Incoterm means that the seller takes care of all costs until the products reach their final destination?

a)

DDP

b)

FOB

c)

CIF

d)

EXW

13.

Hello, Noah! Imagine you are on an exciting shopping adventure, acquiring heavy construction machinery from a supplier abroad. According to the agreement, which Incoterm will make you assume the risk once the goods are delivered at the port of shipment?

a)

EXW

b)

CIF

c)

DAP

d)

FOB

14.

Hello, David! You are about to embark on an exciting international shipping adventure to deliver products to your client in another country. But, which of these Incoterms would be the best companion to ensure that the delivery is a resounding success?

a)

FOB (Free On Board)

b)

EXW (Ex Works)

c)

DAP (Delivered At Place)

d)

CIF (Cost, Insurance and Freight)

15.

Oliver, like his friend Elijah, is importing goods from Europe and is wondering how Incoterms can influence transportation costs. What do you think, Ava?

a)

Incoterms are irrelevant to transportation costs.

b)

Incoterms only affect delivery times.

c)

Incoterms determine the type of goods that can be transported.

d)

Incoterms affect transportation costs by defining who assumes shipping and logistics expenses.

16.

Hello, entrepreneurs! William, a passionate creator of artisanal products, has decided to take his talent to the digital world and sell his creations online. But before he launches, he needs to know: What Incoterm should he use when delivering the goods from his own country? Help him choose the correct option!

a)

DAP

b)

CIF

c)

EXW

d)

FOB

17.

David, along with his friend Maya, is on an exciting shopping adventure for his company, looking for the best machinery. But there is a small detail: he needs the seller to take care of the transportation. Which Incoterm ensures David that the seller will be responsible for hiring the transportation?

a)

FCA

b)

EXW

c)

CFR or CIF

d)

DAP

18.

Hello, friends! Harper, our logistics expert, is organizing an exciting shipment of goods to his client in Spain. Which of these Incoterms would he use to ensure that the delivery is made at the agreed destination? Think carefully!

a)

DPU

b)

CPT

c)

FOB

d)

CFR

19.

Hello, Michael! Imagine you are on an exciting shopping adventure for your business. You are faced with a big question: Which Incoterm allows you to choose the mode of transport you like best? It's like choosing your favorite vehicle for an epic journey! What will it be?

a)

CPT

b)

EXW

c)

CFR

d)

FOB

20.

Hello, international trade adventurers! James, our intrepid entrepreneur, is about to embark on an exciting mission: to ship goods from his factory in Spain to a customer in Brazil. But what Incoterm should he choose to ensure that his shipment arrives smoothly? Help James make the best decision!

a)

EXW

b)

DAP

c)

CIF

d)

FOB