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________ Is a Shipping Term in a Contract That Requires

Question 30

Multiple Choice

________ is a shipping term in a contract that requires the seller to bear the expense and risk of loss until the goods are unloaded from the ship at its port of destination.


A) Ex-ship
B) No-sale, no-arrival
C) Free on board point of shipment
D) Cost, insurance, and freight (C.I.F.)

Correct Answer:

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