Question: Which below is a wrong interpretation of the acronym / shorthand in contracting? CIF - - cost & insurance fees PO - - purchase order

Which below is a wrong interpretation of the acronym/shorthand in contracting?
CIF -- cost & insurance fees
PO -- purchase order
FOB -- free on board
Incoterms -- International commercial terms

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:

1. Using the center-of-gravity model and Exhibit 6.15, compute the center of gravity for the population of the county. Show all computations, explain, and justify. Based solely on this criterion,...

Q:

Which below is a wrong interpretation of the acronym/shorthand in contracting? O Incoterms -- International commercial terms O PO -- purchase order O CIF -- cost & insurance fees O FOB - free on b

Q:

Which below is a wrong interpretation of the acronym/shorthand in contracting? a. FOB - free on board b. Incoterms -- interstate commerce terms c. CIF -- cost, insurance & freight d. PO - purchase...

Q:

$ millions for Research In Motion and Apple. 4-9, Nokia, Research in Motion, and Apple are competitors in the global marketplace. Key comparative figures for each company follow. Nokia* . . . . . . ....

Q:

Chapter 7:7.2 #2 (p. 168) Chapter 8:8.2 #3 (p. 205) Chapter 9:9.2 #1 (p. 225) a., b., and c. (for c., only answer the adjustable rate mortgage part Chapter 7 from Personal Finance was adapted by The...

Q:

Risk of Loss The transportation of goods from sellers to buyers can be a risky business. The carrier of the goods may lose, damage, or destroy them; floods, hurricanes, and other natural catastrophes...

Q:

i need some one toanswering these three questions. make sure to include apa format for the information pretty straight forward. Attached below are the chapters. Chapter 7: 7.2 #2 (p. 168) Chapter 8:...

Q:

Risk of Loss The transportation of goods from sellers to buyers can be a risky business. The carrier of the goods may lose, damage, or destroy them; floods, hurricanes, and other natural catastrophes...

Q:

Risk of Loss The transportation of goods from sellers to buyers can be a risky business. The carrier of the goods may lose, damage, or destroy them; floods, hurricanes, and other natural catastrophes...

Q:

(1) Income Statement Referencing this week?s readings and lecture, address the following: ? What are the two causes of an increasing or decreasing sales number? ? Discuss all the reasons that might...

Q:

See Project 03-01 Assignment Spring 2015.docx Please Help me on this homework i am having some trouble answering it. Product SAP ERP GBI Release 6.04 Level Undergraduate Graduate Focus...

Q:

3. HIV infection was once diagnosed by detecting antibodies in a person's blood or documenting a decline in the number of helper T cells. Why is PCR detection of HIV RNA more sensitive?

Q:

Q. Jan 31: John could not pay the maintenance expense worth $2000 and the expenses are still due/outstanding. Required: 1. Prepare the journal entries for the preceding transactions. (16pts) 2. Post...

Q:

Which of the following has proven to be strong competition for bank deposit and transaction account products? Hedge funds. Commercial paper market. Finance company business credit. Money market...

Q:

Boot Corporation has 10,000 shares of 8%, $100 par value, non-cumulative preferred stock outstanding at December 31, 2019. No dividends were declared in 2017 or 2018. If Boot wants to pay $375,000 of...