Mosaya Inc Is a Montreal- Based Mosaic and Tile Company

Mosaya Inc is a Montreal- based mosaic and tile company that imports tiles from Portugal. Under the contract of sale, the seller's obligation is to deliver the tiles from Portugal to Canada "CIF (INCOTERMS 2000) Montreal." This means that

A) the seller must deliver the goods to the port in Lisbon, at which point it is the responsibility of Mosaya to arrange for onward passage of the goods to Montreal.
B) the seller is required to make the goods available at their place of business for onward passage by Mosaya to Montreal.
C) the seller must deliver the goods to the port in Montreal, at which point risk of loss and ownership pass to Mosaya.
D) the seller must deliver the goods to the port in Lisbon, at which point the risk of loss and ownership will pass to Mosaya.
E) the seller must arrange and pay for the delivery the goods to the port in Montreal, but risk passes to Mosaya when the goods are loaded on the ship.