Question: Conceptually, the CPT Incoterms Rule is the same as the CFR Incoterms ( Rule, except it applies to goods shipped by means other than ocean

Conceptually, the CPT Incoterms Rule is the same as the CFR Incoterms( Rule, except it applies to goods shipped by means other than ocean transport, or shipped by sea without being handed over at the port of departure.
True
False
Conceptually, the CPT Incoterms Rule is the same as the CFR

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Conceptually, the CPT Incoterms Rule is the same as the CFR Incoterms Rule, except it applies to goods shipped by means other than ocean transport, shipped by sea without being handed over at the...

Q:

Conceptually, the CPT Incoterms Rule is the same as the CFR Incoterms 8 Rule, except it applies to goods shipped by means other than ocean transport, or shipped by sea without being handed over at...

Q:

Conceptually, the CPT Incoterm is the same as the CFR Incoterm, except it applies to goods shipped by means other than ocean transport, or shipped by sea without being handed over the ship s rail (...

Q:

COW NO. WIN-C01 CHAIZUP BEVERAGES LLP, incorporated under the Republic of India Ministry of Corporate Affairs with legal address: 6, Picasso Bithi, 5th floor, unit-4, regency, Kolkata ?DCICI]?, West...

Q:

Because of this, if Beats was to want to enter the Indian market, the best strategy for them to use would be the market skimming strategy. What are the ethical challenges posed by the cited pricing...

Q:

Which of the following is addressed under Incoterms 2020 as compared to Incoterms 2010 ? Select one answer. Creation of two classes - air Incoterms and Incoterms for other modes Introduction of DPU...

Q:

You are required to price the shipment and indicate in the pricing chart which is attached below which expense is covered why the specific incoterm mentioned SCM 930 - Costing Exercise DUE MARCH 17,...

Q:

1 Comprehensive Analysis Comprehensive Analysis Paper Bobby Story, Brian Stires, Candida Moran, Eric Fuqua, Justin Basagic University of Phoenix 2 Comprehensive Analysis East Asia Regional Analysis...

Q:

QUESTION 3 20 points Save Answer Under the DPU Incoterms Rule, the exporter is responsible for the goods until they arrive in the agreed-upon terminal in the of departure or of destination. QUESTION...

Q:

Which Incoterms Rule shares a delivery point with the FOB Incoterms Rule? Cost and Freight (CFR). Free Alongside Ship (FAS). Carriage Paid To (CPT). Carriage and Insurance Paid to (CIP).

Q:

As you pass through Shafiq moor and travel towards Gulshan e Iqbal, you may notice different warehouses to your left. Most FMCG companies have established their warehouses/distribution centers in...

Q:

Firm Gamma has a market value of $1.7 billion and it is an all-equity firm. On its balance sheet it has $700m of cash. An analysis of the stock price indicates the firm has an equity beta of 2. In...

Q:

7. Write a function that multiplies a single hexadecimal digit by a hexadecimal digit string as long as 1,000 digits. Return a hexadecimal string that represents the product.

Q:

Free cash flow valuation You are evaluating the potential purchase of a small business with no debt or preferred stock that is currently generating $ 4 2 , 7 0 0 of free cash flow ( F C F 0 = $ 4 2 ,...