Distinguish between a commodity rate and a class rate.
Answer to relevant QuestionsDiscuss the four factors used in determining a product’s freight classification.Discuss the basic issues, conflicts, and problems involved in concealed loss and damage claims.Discuss some of the basic functions performed by the bill of lading.Discuss international terms of sale and Incoterms.Name the four methods of payment for international shipments. Which method is riskiest for the buyer? For the seller?
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