Question: a. . is an important document used as a negotiating tool between the seller and the buyer prior to an export shipment. b. assigns specific

a. . is an important document used as aa. . is an important document used as a negotiating tool between the seller and the buyer prior to an export shipment. b. assigns specific six-digit codes for varying classifications and commodities. Countries are allowed to add longer codes to the first six digits for further classification. c. The seller pays the freight for the carriage of goods to the named destination. The risk of loss or damage to the goods occurring after the delivery has been made to the carrier is transferred from the seller to the buyer. This term requires the seller to clear the goods for export and can be used across all modes of transport .. d. Seller delivers the goods when they are placed at the disposal of the buyer on the arriving means of transport ready for unloading at the named place of destination. Parties are advised to specify as clearly as possible the point within the agreed place of destination, because risks transfer at this point from seller to buyer. If the seller is responsible for clearing the goods, paying duties etc., consideration should be given to using the ..term. e. . is frequently used in international transactions, especially in those cases in which the exporter has no pre-existing business relationship with the importer, or when the importer is located in a country that is considered to be risky. f. This organization contribute to intergovernmental discussions, as well as rules and codes to facilitate international business transactions g. Transport document is used to control shipments of goods via truck. It contains the same information as an inland bill of lading, with freight and other charges, and routing. h. ..is the world road transport organisation, which upholds the interests of bus, coach, taxi and truck operators to ensure economic growth and prosperity via the sustainable mobility of people and goods by road worldwide. i. The are country codes are internationally recognized codes that designate every country and most of the dependent areas a two letter or three letter combination. j. . is a bill for goods for the goods from the seller to the buyer. k. .. is required by some countries for all or only certain products for verifying them. l. Once the importer accepts the draft by signing it, the importer has to pay the exporter a certain number of days (30, 60, 90, or 180) after the date of shipment for the goods.. m. .. is a professional qualification certificate that shows drivers can carry Hazardous Materials or Dangerous Goods. n. ..provides a forum for negotiating agreements aimed at reducing obstacles to international trade and ensuring a level playing field for all, thus contributing to economic growth and development. o. This is obligatory document for all commercial vehicle drivers who wish to carry freight and passenger should take this certificate.. p. This certificate should be taken for international passenger transport. q. Sellers risks end once goods are unloaded from the arriving means of transport and placed at the disposal of the buyer at a named place of destination The Seller must contract for the costs of carriage to the named terminal at the agreed place of destination. ..

4. Please find referring term and match it with suitable other Incoterms/ Terms of Payment / SRC/Organizations/ etc. (2*17=34 points) FOB FAS DDP EXW FCA CMR WTO Alpha Code FIATA CIP CFR CPT CIF DAP Cash in Advance DPU Open Account DDP Letter of Credit ATA Carnet TIR Carnet FIATA ICC 1 Alpha 2 Code Alpha 3 Code Documentary Collection Trade Card Sight Draft HS Code Forfaiting Credit Cards UTIKAD Weighbridge Receipt SRC SRC 1 SRC 3 SRC 4 SRC 5 Invoice Time Draft Date Draft Factoring FOB FCR IRU ALPHA Code Proforma Invoice ISO Commercial Invoice AETR UTIKAD ICC UNECE ADR

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