VI. Fill in the blanks (10) 1. Please fill in "Buyer" or "Seller" in the following...

Question

Question

Answer 1

Answer #1

a)	Who Should bear	risks after delivery to carrier	Obligation of signing contract		Costs
	Who Should bear	risks after delivery to carrier	Shipment	insurance	Shipment	insurance
	FOB	Buyer	Seller	Seller	Buyer	Buyer
	CFR	Seller	Seller	Seller	Seller	Buyer
	CIF	Seller	Seller	Seller	Seller	Seller


b)	4 stages of negotiation process are
	Preparation	Initial Offer	Counter Offer	Closure

Answer 2

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