Export Industries Ltd.,a Canadian corporation with a factory in London,Ontario,agrees to sell a customer in Germany 2000 microwave ovens FOB Lufnaia Airlines,Toronto,Pearson Airport.Which of the following statements is correct?
A) Export is only liable if their employees damage the goods prior to their arriving in Toronto.
B) Export is liable for the goods until they are loaded into Lufnaia Airlines.
C) The customer's insurance covers the goods from the time they are separated out and loaded at the London,Ontario,factory.
D) Export is liable until the goods leave Toronto on the airline.
E) Title passes when the goods leave the London factory.
Correct Answer:
Verified
Q14: The best means of establishing the proper
Q15: Countertrade
A)requires consuming the goods acquired in exchange.
B)is
Q16: An export sale normally requires at least
A)the
Q17: Foreign investment occurs when
A)a branch of a
Q18: When we speak of foreign presence,we mean
Q20: A,based in Canada,has a contract with B,in
Q21: In a countertrade,the seller agrees to accept
Q22: Conditions attached by a host country to
Q23: Aside from establishing a branch or subsidiary
Q24: Foreign direct investment to a Canadian investor
A)is
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