Question: From the selection below, which terms apply to the Incoterms for a CIF trade?. 1. Buyer takes possession at port of shipment 4. Risk transfers

From the selection below, which terms apply to the Incoterms for a CIF trade?.

1. Buyer takes possession at port of shipment

4. Risk transfers at departure port

2. Seller arranges and pays for shipping

5. Buyer takes possession at port of destination

3. Risk transfers at destination port

6. Buyer arranges and pays for shipping

2, 3,4, and 5

1, 4, and 6

5, 4, and 2

5, 3, and 2

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