Inconterms quizizz

Definition of incoterms

• Determines how pay the invoices of the product.

• Determines the type of transport to use.

• Determines who will be responsible for the risk, freight cost and insurance.

• Determines the volume of the load.

Who should agree with the incoterms?

• The navy company and the buyer.

• The carrier and the seller.

• The buyer and the insurance company.

• The seller and the buyer.

Which is the incoterms when the seller delivers the goods at seller´s warehouse, the buyer is responsible for the load and for all the costs?

• FOB

• EXW

• CIF

• DDP

Which is the incorterms where the seller is responsible for the carriage and delivering the goods to the named place but not unloading?

• DAP

• DDP

• FOB

• CPT

Which Incoterms where the seller deliver the goods, cleared for export, and loads on board of the vessel at the port transfering the risk to the buyer at that moment?

• CPT

• FOB

• CIF

• EXW

Which is the inconterms where the seller is responsible for carriage, delivering the goods to the specified place and for unloading and the risk transfers to the buyer after the unloading?

• DAP

• FOB

• DPU

• EXW