__________ is a term of price in which the seller covers all costs and risks up to the side of the ship in a designated shipment (export) port. The buyer bears all costs and risks thereafter.

Question

Quizplus · Accepted Answer

FAS (Free Alongside Ship) means the seller is responsible for all costs and risks until the goods are placed alongside the ship at the designated port, after which the buyer assumes responsibility.

__________ Is a Term of Price in Which the Seller