Question: CASE STUDY As you know, some Incoterms work well with certain payment terms, some - not. In your case study, the export situation can be
CASE STUDY As you know, some Incoterms work well with certain payment terms, some - not. In your case study, the export situation can be described as follows: Importer. Hewlett-Packard Inc., Palo Alto, CA, USA Exporter. ZAO Corporation, Shenzhen, China Incoterms: FCA Payment Terms: Letter of Credit (L/C) Schedule of Shipments: 2 complete orders per week (no partial shipments allowed) Please discuss the situation and answer the following questions, from the Importer's perspective: 1. Name the point where the shipment begins 2. Depending on your answer to question 1, what "Place' will be indicated next to the FCA" in the Incoterms' box of the shipping documents? 3. Who is responsible for export clearance of the goods (seller or buyer)? 4. What are the responsibilities of the Buyer and the Seller, according to this Incoterms? 5. Will FCA-Incoterms work well with the L/C payment terms? Why? Explain. Please copy your work from your Word document and paste it as a Text Entry No attachments are necessary. Thanks
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