Question: 1. Calculate the C&F Lisbon price per machine and the CIF Lisbon price per machine. 2. At what point in time, or place, will RAP's

1. Calculate the C&F Lisbon price per machine and the CIF Lisbon price per machine.
2. At what point in time, or place, will RAP's responsibilities for arrangements of the shipment end? When does RAP's legal liability end and when does it acquire the right to payment?
3. How would your answer to Question 2 change if the term of sale was FOB vessel (FOB) or ex dock (DEQ)?

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1 The first thing that the student needs to understand is the meaning of CF and CIF quotations C cost which is the total cost to get the goods out to ... View full answer

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