The International Chamber of Commerce accepted standard definition for terms of sale in 1936 and revised them in 2000 assist buyers and sellers in the international marketplace. What are these standard definitions called?
A) Buyer/Seller Pragmatism
B) E-commerce bylaws.
C) Setting prices constituencies
D) Incoterms

Question

Quizplus · Accepted Answer

The standard definitions accepted by the International Chamber of Commerce for terms of sale are called Incoterms.

The International Chamber of Commerce Accepted Standard Definition for Terms