The Incoterm for the situation where the seller pays the costs of freight to bring goods to the destination port and the risk passes to the buyer once the goods are loaded aboard the ship,is
A) CFR.
B) DAT.
C) CIF.
D) FOB.
E) FAS.

Question

Quizplus · Accepted Answer

The Incoterm for the situation where the seller pays the costs of freight to bring goods to the destination port and the risk passes to the buyer once the goods are loaded aboard the ship, is CFR, or "cost and freight." This does not include insurance.

The Incoterm for the Situation Where the Seller Pays the Costs