Question: (Q3-05) the following explanation for expression) is correct, please indicate True. Or, if the following explanation (or expression) is wrong, please indicate False. Q3

(Q3-05) " the following explanation for expression) is correct, please indicate "True". Or, if the following explanation (or expression) is wrong, please indicate "False". Q3 Under the trade terms of "Free On Board", the seller must contract for and pay the costs and freight to bring the goods to the nominated port of destination. Answer FALSE Q4 When the trade term of "Cost and Freight" is used the seller fulfils its delivery obligation when it deliver the goods on board the vessel. Answer Q5 Under the trade term of "Cost Insurance and Freight", the seller must contract for and pay the costs, insurance and freight to bring the goods to the nominated port of destination. Answer TRUE

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!

sive Mutuplication zyBooks catalog 12.17 Zylab 6 - Recursive Multiplication Write a MIPS program to compute the product of two 16-bit signed numbers using "recursive procedure calls. *Note* You...

sorry in advance if it's a little unclear (Q1-Q3) If the following explanation (or expression) is correct, please indicate "True". Or, if the following explanation (or expression) is wrong, please...

(Q1-Q5) If the following explanation (or expression) is correct, please indicate "True". Or, if the following explanation (or expression) is wrong, please indicate "False". Q1: Marine Insurance is...

(Q1-Q3) If the following explanation (or expression) is correct, please indicate "True". Or, if the following explanation for expression) is wrong, please indicate "False QI: Either "Shipped BL." or...

(Q1-Q3) In respect of Trade Terms as per Incoterms 2010 & 2020, if the following explanation (or expression) is correct, please indicate "TRUE". Or, if the following explanation (or expression) is...

my answers: 1)true 2)true 3)false 4)b/d 5)b/d please correct me if I'm wrong. thanks (QIQ3) If the following explanation (or expression) is correct, please indicate "True". Or, if the following...

(QIQ3) If the following explanation (or expression) is correct, please indicate "True". Or, if the following explanation (or expression) is wrong, please indicate "False". Q1: Main function of Letter...

(Q1-Q5) If the following explanation (or expression) is correct, please indicate "True". Or, if the following explanation (or expression) is wrong, please indicate "False". Q1: In case of Received...

The below is a part of Documentary L/C. If the following explanation (or expression) is correct, please indicate "True (T)". Or, if the following explanation (or expression) is wrong, please indicate...

(Q1-05) If the following explanation (or expression) is correct, please indicate "True". Or, if the following explanation (or expression) is wrong, please indicate "False" QI: There will be no longer...

In the process of producing engine valves, the valves are subjected to a first grind. Valves whose thicknesses are within the specification are ready for installation. Those valves whose thicknesses...

1. The Australian dollar is trading at 0.78 AUD per USD (the spot rate). If the expected U.S. inflation rate is 5% while the Australian inflation rate is 1% over the next year, what is the expected...

Which of the following represents a fraud scheme? Select answer from the options below Raqwan has told you about an investment he made of $ 1 , 5 0 0 . He received his $ 1 , 5 0 0 plus interest in...

What is an example of constructive feedback? provide reference