The Brazilian buyer wants the buses delivered at Santos. Weiss looks up the International Chamber of Commerce's Incoterms and finds three categories of "delivered" at a receiving port. They are:
DAT (Delivered at Terminal). In this type of transaction, the seller clears the goods for export and bears all risks and costs associated with delivering the goods and unloading them at the terminal at the named port or place of destination. The buyer is responsible for all costs and risks from this point forward including clearing the goods for import at the named country of destination.
DAP (Delivered at Place). The seller clears the goods for export and bears all risks and costs associated with delivering goods to the named place of destination not unloaded. The buyer is responsible for all costs and risks associated with unloading the goods and clearing customs to import goods into the named country of destination.
DDP (Delivered Duty Paid). The seller bears all risks and costs associated with delivering the goods to the named place of destination ready for unloading and clearing for import.
How should he choose? Why?
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q62: Bilateral agreements liberalize international aviation opportunities and
Q65: China ranks first in the world in
Q68: In terms of container throughput,Shanghai is the
Q70: Load centers refer to major ports where
Q73: International transportation cannot be effective or efficient
Q75: Ocean carrier alliances provide two primary benefits
Q75: What kinds of "customer service" support must
Q76: Approximately 75% of cross-border shipments move by
Q79: Which of the routing alternatives would you
Q82: Would you make the same routing recommendation
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents