the seller does not undertake the obligation to guarantee the delivery of the goods to the agreed port of destination, because CIF is a term for shipment and delivery, not The term for delivery at the port of destination,
百度试题 结果1 题目What does "CIF" stand for in international trade contracts? A. Cost, Insurance, and Freight B. Cost, Insurance, and Freighting C. Cost, Insurance, Freight D. Cost, Including Freight 相关知识点: 试题来源: 解析 A ...
What does "CIF" stand for in international trade contracts?搜索 题目 What does "CIF" stand for in international trade contracts? 答案 A 解析 null 本题来源 题目:What does "CIF" stand for in international trade contracts? 来源: 外贸英语试题推荐及答案 收藏 反馈 分享...
Explain DDU terms in export import trade. What is DDU delivery What is CIF terms of delivery in Exports and Imports? How C&F terms of delivery works in Export Import business What is C& I terms of delivery in export import business? What is FOB price in Exports and Imports and how it ...
From the buyers’ perspective, CIF is the better option in situations where a “done for you” approach is desired. Of course, opting for a CIF trade agreement also requires a bit of flexibility with the budget. Buyers that are on a tighter budget and want more control over the situation...
百度试题 结果1 题目What does the acronym "CIF" stand for in international trade? A. Cost, Insurance, and Freight B. Cash in Flight C. Central Import Facility D. Commercial Invoice Form 相关知识点: 试题来源: 解析 A
TheFOB is different from the Cost, Insurance and Freight (CIF)rule, where the seller is responsible for the goods until they are delivered to the buyer. However, with FOB, there are two possibilities based on the terms of the agreement. Depending on the type of FOB terms signed, the sell...
Popular in international trade for greater buyer control. Using FOB, the buyer controlled the freight and logistics costs. 2 Cif Cif is a French brand of household cleaning products owned by the Anglo-Dutch company Unilever, known as Jif in Australia, New Zealand, Japan, Middle East and the ...
Like CFR,cost insurance and freight (CIF)requires that the seller arranges for the carriage of goods by sea to a port of destination, but the seller has the additional obligation of insuring the goods until they reach the destination port. In CFR,the seller is not responsible for insuring th...
Sellers insure goods during transport in a CIF contract so they generally receive any payouts if a claim is filed. The same is true for buyers in FOB contracts. Free on Board (FOB) The supplier assumes responsibility until the goods are loaded onto the shipping vessel under anFOBagreement. ...