Conceptually,the CPT Incoterm is the same as the CFR Incoterm,except it applies to goods shipped by means other than ocean transport,or shipped by sea without being handed over the ship's rail (roll-on-roll-off cargo or intermodal containers).
Correct Answer:
Verified
Q15: Under the Cost,Insurance,and Freight Incoterm,the importer takes
Q16: Under the FOB Incoterm,in countries where export
Q17: Under Incoterm DEQ,transfer of responsibility for cargo
Q18: A bill of lading or equivalent document
Q19: The Cost,Insurance,and Freight Incoterm is specifically designed
Q21: Incoterms stands for
A) terminal incorporation procedures.
B) in-country
Q22: Incoterms determine
A) how much the agents commission
Q23: The document that corresponds clearly to the
Q24: In terms of cost and responsibility,the easiest
Q25: Electronic Data Interchange (EDI)has changed what issue
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents