exim international payment and incoterm

exim international payment and incoterm

University

18 Qs

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exim international payment and incoterm

exim international payment and incoterm

Assessment

Quiz

Business

University

Hard

Created by

Sudsiri Rungruang

Used 5+ times

FREE Resource

18 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the incoterm which the obligation of seller end beside the vessel?

EXW

CFR

FOB

FAS

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the incoterm that exporters responsible to unload the cargos at destination point?

CIF

DPU

FCA

DAP

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

_______ bears the risk of goods damage once the goods pass through export customs according to CPT term.

Exporter

Importer

Ship owner

Insurance company

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which are the INCOTERMS 2020 that can use for Multimodal transportation mode?

FAS, FOB, CFR, CIF, EXW, DPU, FCA

EXW, FCA, CPT, CIP, DAP, DPU, DDP

FCA, CFR, CIF, FAS, DAP, DPU, EXW

EXW, FCA, CPT, CIP, FAS, FOB, CFR

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

What is the term of INCOTERMS 2020 regarding to the photo?

FOB

CFR

CIF

CPT

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What choice is the INCOTERMS terms that can be used for water transportation?

FAS, FOB, CFR, CIF

EXW, FCA, CPT, CIP

FCA, CFR, CIF, FAS

EXW, FCA, CPT, CIP

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the most secure method of payment for the IMPORTER?

Advance payment

Open account

Credit card

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