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How Are the Shipping Terms C

Question 22

Multiple Choice

How are the shipping terms C.I.F. and F.O.B. point of shipment similar to each other?


A) Both require the seller to bear the expense and risk of loss until the goods are tendered to the buyer at the place of destination.
B) Both require the seller to bear the expenses and risk of loss when handing the shipment to a carrier.
C) Both require the seller to deliver and tender the goods alongside the named vessel provided by the buyer.
D) Both require the seller to bear the expense and risk of loss until the goods are unloaded from the ship at its port of destination.

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