6). Answer both 6a, 6b and 6c below, put your choice (A, B, C or D) on the answer line:

6a). Your company in Vancouver BC has finalized a sales contract with a vendor in Seoul, South Korea. You and your vendor agree to use CIF Vancouver (Incoterms 2020) in delivery of the shipment of goods manufactured in South Korea. According to this Incoterms, who is responsible to claim for loss or damage if there is any mishaps to the goods when the shipment is in transit on water from South Korea to Canada by sea / and who is responsible for the submission of importation documents when shipment arrives at the port in Canada?

Answer: _________________________________

1. Vendor / vendor (vendor is responsible for both)
2. Vendor / buyer (vendor is responsible for claim, buyer is responsible for importation documents)
3. Buyer / vendor (buyer is responsible for claim, vendor is responsible for importation documents)
4. Buyer / buyer (buyer is responsible for both)