Maria Acatitlan
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Maria Acatitlan
Created by Maria Acatitlan about 7 years ago
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Incoterms

Question 1 of 8

1

How many incoterms are there?

Select one of the following:

  • 8

  • 4

  • 12

  • 11

Explanation

Question 2 of 8

1

Incoterms rules are used for communicate and delimit tasks, cost and risk linked with transportation and delivery of goods.

Select one of the following:

  • True
  • False

Explanation

Question 3 of 8

1

With this term, the seller has minimum obligation and buyer must bear all costs and risk involved on pick up and transportation of goods from seller’s premises.

Select one of the following:

  • EXW

  • FCA

  • DAP

Explanation

Question 4 of 8

1

With DDP the seller delivers the goods cleared for export to the nominated carrier at the named place. The buyer must nominate the carrier.

Select one of the following:

  • True
  • False

Explanation

Question 5 of 8

1

The following Incoterms are designed specifically for maritime transportation

Select one or more of the following:

  • FAS, FOB, CFR, CIF

  • CIF, CIP, DAT, DAP

  • EXW, FCA, DDP, CIF

Explanation

Question 6 of 8

1

The seller pays for transportation costs as well as clearance and duties to a specified location. When the goods are cleared for import, the risks are transferred.

Select one or more of the following:

  • DDP

  • DAT

  • DAP

Explanation

Question 7 of 8

1

The possibility that an event may occur which could cause loss of or damage to the goods is a :

Select one or more of the following:

  • Uncertainty

  • Risk

  • Unpredictability

Explanation

Question 8 of 8

1

Buyers and sellers can protect themselves against risk by transport- insurance

Select one of the following:

  • True
  • False

Explanation