SolarPrime Energy Converters Inc. has delivered a shipment of solar power converters to The Bonivista, the ship nominated by the buyer, scheduled to sail for Holland later in the day. What type of arrangement has been made between the parties involved in the sale of these goods?

Question

Quizplus · Accepted Answer

Incoterm 2000 f.o.b. Amsterdam means that the seller is responsible for delivering the goods to the ship nominated by the buyer at the port of shipment (Amsterdam).