The term "Ex-ship" requires the seller to bear the expense and risk of loss until the goods are unloaded from the ship at its port of destination.

Name: The term "Ex-ship" requires the seller to bear the expense and risk of loss until the goods are unloaded from the ship at its port of destination.
Brand: Quizplus
Rating: 4.9 (53 reviews)

Question

Quizplus · Accepted Answer

The term "Ex-ship" means that the seller is responsible for the cost and risk of loss until the goods are unloaded at the port of destination.

The Term "Ex-Ship" Requires the Seller to Bear the Expense