Which of the following is true when the designation FAS is used?
A)The buyer,at the buyer's expense,delivers the goods alongside the ship before the risk passes to the seller.
B)The buyer,at the seller's expense,delivers the goods alongside the ship before the risk passes to the seller.
C)The seller,at the buyer's expense,delivers the goods alongside the ship before the risk passes to the buyer.
D)The seller,at the seller's expense,delivers the goods alongside the ship before the risk passes to the buyer.
E)The common carrier,at the carrier's expense,delivers the goods alongside the ship before the risk passes to the buyer.

Question

Quizplus · Accepted Answer

A)When the designation FAS is used,the seller,at seller's expense,delivers the goods alongside the ship before the risk passes to the buyer.
B)When the designation FAS is used,the seller,at seller's expense,delivers the goods alongside the ship before the risk passes to the buyer.
C)When the designation FAS is used,the seller,at seller's expense,delivers the goods alongside the ship before the risk passes to the buyer.
D)When the designation FAS is used,the seller,at seller's expense,delivers the goods alongside the ship before the risk passes to the buyer.
E)When the designation FAS is used,the seller,at seller's expense,delivers the goods alongside the ship before the risk passes to the buyer.

Which of the Following Is True When the Designation FAS