Question: Question- You are a freight forwarder and have a client in Perth who wants to import 70,000 litres of wooden floor polish from China Your

Question- You are a freight forwarder and have a client in Perth who wants to import 70,000 litres of wooden floor polish from China Your client expects the cargo to arrive as soon as possible. They expect the cargo to be completely undamaged and fully unloaded at its final destination.

In that case what is the best incoterms to use for importing 70,000 litres of wooden floor polish from China to Australia by Shipping?

Could you kindly share the related reference too?

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:

You are a freight forwarder and have a client in Perth who wants to import 70,000 litres of wooden floor polish from China Your client expects the cargo to arrive as soon as possible. They expect the...

Q:

You are a freight forwarder and have a client in Perth who wants to import 70,000 litres of wooden floor polish from China Your client expects the cargo to arrive as soon as possible. They expect the...

Q:

Question- You are a freight forwarder and have a client in Perth who wants to import 70,000 litres of wooden floor polish from China Your client expects the cargo to arrive as soon as possible. They...

Q:

You are a freight forwarder and have a client in Perth who wants to import 70,000 litres of wooden floor polish from China Your client expects the cargo to arrive as soon as possible. They expect the...

Q:

You are a freight forwarder and have a client in Perth who wants to import carpet underlay from China. Your client expects the cargo to arrive as soon as possible. They expect the cargo to be...

Q:

Question 1 ( 1 point ) Saved You don't want to hassle of arranging the shipping and doing all the paper work. Which INCO term describes getting the product to you at your office in Charleston? _ _ _...

Q:

Exercise 2 . 1 ( Question ) For a term of trade to be appropriate, what two ( 2 ) important issues must be addressed? What is the primary responsibility of the freight forwarder when advising their...

Q:

Exercise 2 . 1 ( Question ) For a term of trade to be appropriate, what two ( 2 ) important issues must be addressed? What is the primary responsibility of the freight forwarder when advising their...

Q:

Exercise 2 . 1 ( Question ) For a term of trade to be appropriate, what two ( 2 ) important issues must be addressed? What is the primary responsibility of the freight forwarder when advising their...

Q:

Exercise 2 . 1 ( Question ) For a term of trade to be appropriate, what two ( 2 ) important issues must be addressed? What is the primary responsibility of the freight forwarder when advising their...

Q:

Let f : X Y and be as in the previous problem. For y f(X), define F(y) = f -1 ({y}) (where f -1 (A) = {x X : f(y) A}). Show that F is a bijection between f(X) and the set of equivalence classes...

Q:

Treatment of adenosine with nitrous acid gives a nucleoside known as inosine: NH2 N. NH HOCH2 O HOCH2o 2. H-O H H/H OH OH OH OH Adenosine Inosine

Q:

Garden Depot is a retailer that provided the following budgeted cash fiows for next year: \ table [ [ , 1 4 t Currten,Tand Qiserter, 3 rd pharter,eth Quarter ] , [ Total cash receipts,s 3 2 0 , 0 0 0...

Q:

CPVC is degraded by both strong acids and strong bases at elevated temperatures; acids corrode process units unless very expensive corrosion-resistant construction materials are used; and aqueous...

Q:

The solute in Problem 23-8 is initially dissolved in 80.0 mL of water. It is then extracted six times with 10.0-mL portions of chloroform. Find the fraction of solute remaining in the aqueous phase....

Q:

The half-life of a radioactive substance is the time it takes to decay by one-half. The half-life of carbon 14, which is used for dating previously living things, is 5500 years. When an organism...

Q:

ALMA.com is an e-commerce service for teenagers' video games, television programs, and other material, intended to be both educational and enjoyable. Valuable product information and detailed review...

Q:

Green Day Corporation had income from continuing operations of $12,600,000 in 2008. During 2008, it disposed of its restaurant division at an after-tax loss of $189,000. Prior to disposal, the...

Q:

Design a minimum-mass symmetric three-bar truss (the area of member 1 and that of member 3 are the same) to support a load P, as was shown in Fig. 2.9. The following notation may be used: Pu = P cos...

Q:

6.23 z-score and central probability Find the z-score such that the interval within z standard deviations of the mean (between m - zs and m + zs) for a normal distribution contains a. 50% of the...

Q:

6.24 U.S. Air Force To join the U.S. Air Force as an officer, you cannot be younger than 18 or older than 34 years of age. The distribution of age of Americans in 2012 was normal with m = 38 years...

Q:

6.25 Blood pressure A World Health Organization study (the MONICA project) of health in various countries reported that in Canada, systolic blood pressure readings have a mean of 121 and a standard...