Question: please answer all the question in your own words without plagiarism. asap 6 - CHIPS Company in Toronto sells electronic connectors to DATA Company in

please answer all the question in your own words without plagiarism. asap
please answer all the question in your own words
please answer all the question in your own words
6 - CHIPS Company in Toronto sells electronic connectors to DATA Company in Germany. Terms of delivery: CPT Frankfurt, Germany, Incoterms 2020 20 skids @ 220 kg each, loaded in 1 x 40-ft container, value is CAN $36,000.00. A - Who is responsible for contracting and paying the freight charges? B - If the container is washed overboard and the whole shipment is lost at sea, who suffers the loss? C - Should the seller in Toronto insure the connectors? D - Why or why not? 7 - Determine the insured value at CIP + 10% and insurance premium for the shipment described below: Supplier: Winnipeg Windings Ltd. Goods sold: CIP Port Sao Paulo, Brazil, Incoterms 2020 Transformer & parts (break bulk shipment) Invoice value Winnipeg: CAN $110,000.00 Inland freight to New Orleans and port terminals: CAN $3,000.00 - Export crating: CAN $1,000.00 Documentation, legalization, handling: CAN $1,100.00 Heavy lift charge port of New Orleans: US $2,000.00 Ocean freight to Sao Paulo, Brazil:US $5,315.00 All risk marine premium 0.28% Use exchange rate 1 USD = 1.02 CAD Invoice value Winnipeg: CAN $110,000.00 Inland freight to New Orleans and port terminals: CAN $3,000.00 Export crating: CAN $1,000.00 Documentation, legalization, handling: CAN $1,100.00 Heavy Lift charge port of New Orleans: CAN $2,040.00 Ocean freight to Sao Paulo, Brazil: CAN $5,421.30

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