A Canadian exporter located in Edmonton, Alberta, sells copper to an electronics component manufacturer in China. Buyer

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A Canadian exporter located in Edmonton, Alberta, sells copper to an electronics component manufacturer in China. Buyer and seller have agreed that the appropriate Incoterm

®

to be used is CPT Beijing, China. Who bears the risk for ocean freight? Explain why?

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Financial Accounting A Critical Approach

ISBN: 978-1259066528

4th edition

Authors: John Friedlan

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Posted Date: Jan 24, 2024 05:34 AM

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A Canadian exporter located in Edmonton, Alberta, sells copper to an electronics component manufacturer in China. Buyer

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Expert Answer:

Under the Incoterms International Commerce Terms CPT stands for Carriage Paid To This term means tha... View the full answer

Financial Accounting A Critical Approach

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