The trade terms "FOB" and "CIF" are defined by which of the following:
A) Incoterms.
B) Uniform Commercial Code.
C) The Revised American Foreign Trade Definitions.
D) All of these are correct.
Correct Answer:
Verified
Q29: Shipment contracts are more common in international
Q30: Incoterms are published by the International Chambers
Q31: A sale made "CIF foreign port" implies
Q32: The Incoterms definitions will automatically become a
Q33: According to Incoterms,the risk of loss or
Q35: According to Incoterms,the trade term that represents
Q36: Under an FOB contract,the seller delivery's the
Q37: In addition to the bill of lading,other
Q38: Under Incoterms,a sale on terms "DDP" represents
Q39: A sale made with terms "CIF Tokyo"
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