In principle, which of the Incoterms affords the buyer maximum control over the cost of transporting the goods?
A.
Ex-works (EXW)
B.
Delivered duty paid (DDP)
C.
Free on board (FOB)
D.
Free alongside ship (FAS)
E.
Free carrier (FCA)
The following Incoterms affords the buyer maximum control over the cost of transporting the goods:-
- Ex-works
option(A)
In principle, which of the Incoterms affords the buyer maximum control over the cost of transporting...
Which of the categories of Incoterms refers to a transaction where the buyer takes delivery at the seller's location? A. Ex-works (EXW) B. Free on board (FOB) C. Free carrier (FCA) D. Free alongside ship (FAS) E. Delivered duty paid (DDP)
Which of the categories of Incoterms refers to a transaction where the buyer takes delivery at the seller's location? A. Ex-works (EXW) B. Free on board (FOB) C. Free carrier (FCA) D. Free alongside ship (FAS) E. Delivered duty paid (DDP)
I CHOOSE THE BEST ANSWER FOR THE FOLLOWING QUESTIONS 1 Which one is the right quotation of a Chinese exporting company? CFRN B CNY 1000/MT A. EUR 100/KG CIF HAMBERG DJPY 10000/CASE CIF Guangzhou C. HKD 1000/DOZ FOB ransportation, all risk of loss or damage 2. According to INCOTERM2010, under EXW term, if the accident happened in tr to the goods will be borne by the A Buyer B. Seller C Carier D. Insurer 3 According to INCOTERM2010, the common...
3. Which term means the minimum cost coverage by the seller? ( A. EXW C. FAS D.FOB B. FCA 4. According to CISG when sale by sample and there are not any other detailed stipulations in contract, the goods delivered by the seller should be ( B. same as the sample D. A, B, C are all right. A. About same as the sample C. different a little from sample 5. A B/L acts as ( A. a receipt of...
EX#2 - Glossary: Define an inventory system in which the company does not maintain detailed records of goods on hand throughout the accounting period and determines cost of goods sold only at the end of the accounting period. A Perpetual inventory system Periodic inventory system Just-in-Time Inventory System 0. Specific Identification Inventory Method TEXA2-Glossary: A perpetual inventory System Als updated each time an Her is purchase and updates cost of goods sold. B. Uses optical scanners and bar codes to...
CASE 20 Enron: Not Accounting for the Future* INTRODUCTION Once upon a time, there was a gleaming office tower in Houston, Texas. In front of that gleaming tower was a giant "E" slowly revolving, flashing in the hot Texas sun. But in 2001, the Enron Corporation, which once ranked among the top Fortune 500 companies, would collapse under a mountain of debt that had been concealed through a complex scheme of off-balance-sheet partnerships. Forced to declare bankruptcy, the energy firm...