Question: Section C - Case Study: You work for Rocky Mountain Exports, in Penticton, B.C., Canada. Your company is going to export woodworking tools to Wood

Section C - Case Study: You work for Rocky

Section C - Case Study: You work for Rocky Mountain Exports, in Penticton, B.C., Canada. Your company is going to export woodworking tools to Wood Works Inc. in Osaka, Japan. Shipping instructions are as follows: The goods are to be shipped from Rocky Mountain Exports by White Glove Trucking (175 Apple Ave., Penticton, B.C.) to Vancouver Airport, loaded onto a flight to Los Angeles, U.S.A. From LAX, the goods will be loaded on to a JAL flight to Tokyo, and from Tokyo Airport, Jade Trucking will deliver the goods to Wood Works Inc., 1200 Kawasaki Street, Osaka. The buyer has asked that you quote prices under various alternatives. What complete Incoterms 2020 would apply for the following scenarios? a. The seller will deliver the goods to Osaka unloaded, at which point the buyer will assume risk for the goods, account for them to customs, and pay duties and taxes. b. The seller will deliver the goods, insured, to Tokyo, but the buyer is willing to assume risk for the goods once they are given to White Glove Trucking in Penticton. c. The seller will deliver the goods to Tokyo. The buyer will make his own insurance arrangements, and is willing to assume risk for the goods once they are loaded on to White Glove Trucking's trailer. d. The seller will deliver the goods to White Glove Trucking in Penticton. The buyer will accept the risk and cost for the goods once they are in the possession of White Glove Trucking and will make all the necessary arrangements to bring them to Osaka. e. The seller will deliver the goods to Vancouver International Airport where at which point the buyer will accept the risk and cost for the goods and make the necessary arrangements to transport the goods to Tokyo and hound

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!