A,based in Canada,agrees to sell goods to B in Australia.The contract provides that B will manage shipment of the goods and A will deliver the goods to and load them on a carrier designated by B.In this case,A and B have entered into

Question

Quizplus · Accepted Answer

The contract between A and B is an FOB (Free on Board) contract, because A is obligated to deliver the goods to a carrier designated by B, which is the point of delivery under FOB terms. B is responsible for managing the shipment of the goods from that point onwards. DDP (Delivered Duty Paid), CIF (Cost, Insurance and Freight), and EXW (Ex Works) all involve different points of delivery and different responsibilities for the parties involved, so they are not applicable in this case.

A,based in Canada,agrees to Sell Goods to B in Australia