Currently you are purchasing from SEPC under FOB Shanghai Incoterms 2010. a) Is this the most appropriate

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Currently you are purchasing from SEPC under FOB Shanghai Incoterms 2010.

a) Is this the most appropriate term? Explain.

b) Assume you do not want to pay freight costs but do want insurance coverage. Which Incoterm would be most appropriate? Explain.

c) Based on the Incoterm you selected in b) provide a step-by-step description of the transfer of costs and risks for an import shipment from UKEP to CEDL.

d) Assume your shipment is lost at sea. How would you resolve this loss with UKEP?

Related Book For answer-question

Intermediate Accounting

ISBN: 978-0132612111

Volume 1, 1st Edition

Authors: Kin Lo, George Fisher

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Posted Date: Mar 02, 2024 05:30 AM

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Currently you are purchasing from SEPC under FOB Shanghai Incoterms 2010. a) Is this the most appropriate

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Intermediate Accounting

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