Game 2020

Your student ID?

Your full name?

Incoterms 2020 can be applied to which kind of transaction?

• Domestic
• International
• Both of them

Incoterms 2020 helps determine which of the following?

• Obligations
• Division of risk(s)
• Division of cost(s)
• Information
• Currency exchange rate

Incoterms 2020 can be applied for the sale of _______

• goods
• services
• goods and services

Which of the following rules is appplicable to all modes of transport or multimodal transport?

• FAS
• FCA
• EXW
• DDP
• CIP

Incoterms are not mandatory.

• True
• False

Incoterms 2020 invalidates the previous versions (1980, 1990, 2000, 2010).

• True
• False

Incoterms can replace Sale contract.

• True
• False

Incoterms defines when the ownership of goods is transferred from the seller to the buyer.

• True
• False